Uncover the truth of Yiguoduan HONGTA Red Clay subsidiary: Commission not honoured

"Shenzhen Hongta" real tube size of 30 billion, the largest incentive to invest in the "leak" revealed that the HONGTA red soil management of the special household size has been more than 30 billion yuan, the inspector-General to run the business, the subsidiary of the vice President and the department manager by two couples respectively. The long-standing low-key red Earth Fund has recently become the focus of public opinion. According to people familiar with the situation, the HONGTA Red Earth Fund subsidiary team was Yiguoduan Capital, the company's current business stalled. Reporters door-to-door interview, but received an anonymous person's message, said the HONGTA Red Earth Fund requires business personnel to return bonuses to the company. To "not handle leaving" coerce salesman August 20 morning, Financial weekly reporter came to the South Mt. District Wisdom Plaza, a 8 floor of the HONGTA Red Earth Fund headquarters, and most of the fund company headquarters located in the central area of office buildings, the Hongta Laterite Foundation is also the location of its low-key style. Reporters want to interview the company's staff mobility issues related to the red clay responsible person, however, its integrated Management department staff told reporters, the company's top executives in the field, temporarily unable to contact. The same day, the reporter and the Hongta Red Soil fund part of the staff exchanged business cards. Subsequently, the reporter dialed the Hongta red Earth Fund general manager Li's telephone, the phone that head, he told reporters frankly, "the current subsidiary team does appear the flow of personnel, the specific number of people are not convenient to disclose, because, the turnover is still in the process." "Our subsidiaries have other teams, and there are still enough subsidiaries to support the operation of the company." "he added. August 23, the reporter received a letter from the "mystery", the Mail said that the HONGTA Red earth Fund business stagnation, the fact that the collective separation of the Hongta Red Earth Fund and Investment advisers in the division of cooperation, unreasonable demand for business personnel will have issued bonuses back to the company, And not to the business personnel to deal with the separation procedures for the business personnel to settle the investment advisory body. Reporters on this issue call the HONGTA Red Earth Fund general manager Li, he said that the meeting, and the reporter to repeat the content of the message to deny. Behind the loss of staff last June 12, the HONGTA Red Soil Fund was established, registered address for the former sea--Shenzhen Nanshan District Yue Xing No. 6th Wuhan University Shenzhen Research and Research building B815 room. In January this year, the Hongta Red Earth Fund subsidiary was awarded the full name of Shenzhen Asset Management Co., Ltd. 11 days later, the Hongta Red earth announcement, the name of the wholly owned subsidiary becomes more "Shenzhen Hongta Asset Management Co., Ltd.". For the establishment of the HONGTA assets of only half a year, its as many as 10 people lost the team, it is a very small blow. For the reason of the team turnover, Hongta Red earth Fund general manager Li said, "This involves many reasons, of course, the idea is also one of them." "At the same time, he told reporters," We are also building our own team, from the front of the business team, the backstage team, we are hiring. "In fact, the flow of staff in the Fund's subsidiaries is very normal." The reporter learned that the team is mainly responsible for a couple, with a trust background, mainly in the real estate projects. "Now the Fund's subsidiaries are heavily from the trustThe Secretary digs people, but whether the people who dug in are really adapting to the management system of the fund company, it is worth playing a big question mark. South China A fund industry personage tells a reporter. "In the past, the Trust team itself was responsible for the risk control and now has to go through the parent company in addition to the signature of the subsidiary's head." This will make people with trust backgrounds very uncomfortable. "Perhaps the institutional difference between the trust and the Fund's subsidiary and the idea of the two sides is the main reason for the separation of subsidiaries," he said. It is understood that in order to develop the special household business and subsidiary business faster, the HONGTA red earth and a large number of hands hold the project resources of the investment advisers to cooperate, which also makes the HONGTA Red Earth Fund in a short period of time the type of trust business rapid rise. 30 billion Household Scale Fund industry association released data shows that at the end of 2012 HONGTA Red Earth Fund Asset Management company's Special Account business scale of 4.089 billion yuan. As a public offering fund, the HONGTA Red earth has not issued public offering products, has been criticized by many industry professionals for their own business. And the Hongta Red Earth Fund's ownership structure also doomed its private placement of the genetic characteristics of its registered capital of 200 million yuan. HONGTA Securities Holdings 49%, the largest shareholder. In addition, Shenzhen Innovation Investment Group and Huayuan Group Holdings 26% and 25% respectively. In this respect, Li told reporters, "as the capital market continues to slump, we have been looking for a favorable opportunity to launch the public offering products." Recently, the company is with the relevant sales organizations to negotiate, and hope to launch the first public offering products as soon as possible. As of now, the existing 82 fund companies, a total of 9 have not yet issued public offering products. In addition to the HONGTA red soil, the remaining 8 funds for the Jiangxin, Central Plains Stone, the former sea open source, the East China Sea, Canada, Societe Generale Fund, DAO Fu Fund and the state-run Tai Fu Fund company. According to industry insiders said, relying on subsidiaries and special-account business, the HONGTA laterite fund Asset Management scale has exceeded tens of billions of dollars, not last year, the fund industry association 4.089 billion yuan. However, the above "disclosure" said that the HONGTA red soil management of the special household size has been more than 30 billion yuan, such an alarming growth rate and the HONGTA red Soil management and unique management process is inseparable. He said that the HONGTA red clay parent company by the general manager of the command, Inspector Long personally run the business, vice president of the subsidiary and department general manager by two couples respectively. Such a team makes it possible for the company to fully solve the conflict between most of the company's business personnel and the wind-control personnel, and greatly improve the business efficiency. "At present, whether the fund or trust companies in the market, are divided into business forwarders, business contractors and risk control three departments." Since a project needs to go through three departments, and three departments of different responsibilities, making a project down a month or two, slow three months, even if there is no technical content of the channel business, due to wind control departments, laws and regulations departments, the fastest and two or three days. "But because the HONGTA red soil skillfully will wind control department and business unit organic unification, make the company in the channel business can do within 1-2 hours to complete all the process." This unusual management is the key factor in the company's drive to the fast lane. "For specializedThe size of the household 30 billion yuan, general manager Li also denied. As of 2012, the asset management scale of 4.089 billion yuan also made the HONGTA red soil on the scale of more than the rich Anda, Darbond, Changan Fund, National Gold General and other new fund companies, but also more than the benefit of the people, Nord, New Zealand bank Mellon West, King Yuanhuili and other small fund companies. "Since this year, many fund companies have opted to shrink public offerings and focus their efforts on both the private and the subsidiaries." It also makes it possible for small fund companies to overtake corners. The fund industry insiders told reporters. A spokesman for the Securities and Futures Commission said August 2 that by the end of June, the SFC has approved the establishment of 38 fund subsidiaries, its management account 368, the management of assets of 150 billion yuan, accounting for the fund's non-public offering business 16%. In addition, compared with 7564.52 of the industry's non-public offerings at the end of last year, the first six months of this year were 968.27 billion yuan, up 211.818 billion yuan, up 28%. Defected to the group why the team defected to the capital, the reporter tried to the hongta red soil to seek the answer, however, the Hongta red earth did not reply to this question. As mentioned earlier, the team is mainly responsible for a couple, with a trust background, mainly in the real estate projects. And industry insiders told reporters that the main focus of Ka Real capital is on the real estate projects. Today, the market can be seen in the products, including Ka Real capital and the spirit of China Real Estate Investment fund company to raise the establishment of the Sheng LAN Garden Special Asset Management plan. The asset management plan shows that the "priority" of 140 million yuan is raised by Ka Real Capital, and the town Jiang is responsible for 60 million yuan of "inferior grade". Among them, the "priority" of the capital raising will be based on the amount of funds to enjoy 9%, 10%, 11% of the expected annual rate of return, the threshold 1 million start, the product period of 18 months to 24 months. At the same time, KA Real capital control Zhenjiang Heng Fuk 94% of the equity, when necessary to be mortgaged assets. The product is a kind of trust products, in terms of structural design and profitability have the characteristics of the current trust products. "Real Estate Trust project is the most important business of the trust industry, on the one hand, because the collateral is real land and under construction, the risk can be controlled; On the other hand, the real estate company can bear higher financing cost, the real estate trust yield is higher than other trust varieties. A Shenzhen Trust Company senior told reporters. He said the trust companies are now being subjected to competition from the Fund's subsidiaries and are threatening to scoop up teams from trust companies. In addition, the real estate project of Ka Real Capital also has the long water international airport production and life supporting service Area Special Asset Management plan, Jia Real Capital Xin Tower water still second special management plan. Therefore, the above from the HONGTA red soil with the trust background of the team, joined the KA Real capital is also understandable. In addition, in addition to real estate projects, KA Real Capital also involved in the electricity business credit, film and other fields. According to the public information, the main projects of HONGTA Red clay Special Account are to participate in listed companiesTo additional, of which, in May 2013, the Hongta red Clay's special household products participated in the tin industry shares (market, interrogation) directional additional, to 16.66 yuan/share of the price of 23.6 million shares, the subscription amount of 393.176 million yuan, the restricted period of 12 months. And its Special account also cost 340 million yuan to subscribe to more than 56 million shares of Anhui Power (market, inquiry), the Hongta Red Earth Fund disclosed that, based on the Power enterprise value analysis and prospects for financial investment for the purpose of using the management of an asset management program entrusted assets. From the world stock market, the disclosure of the newspaper look, we can find that the listed company transiting HONGTA red Clay special Household Investment, the product name for the HONGTA Red Earth Fund, the grade One, investment amount of 30 million yuan, as of half a year, the final book value of 30.8137 million yuan. "What the fund can do, it will not be put into a subsidiary." "In theory, the business that the parent company is unable to do is in a subsidiary," said the fund's industry insiders. "Therefore, if the HONGTA assets in charge of the real estate project team left, to the Ka Real capital, then, the impact on the Hongta red earth is really not small."