Recently, the stateFinanceThere was an astonishing scene at the Zhejiang Supervision Bureau of the State Administration of Supervision and Administration, where a large number of defenders poured into the agency to complainGibalTrustsIts two products, "Health Education No. 2" and "Health Education No. 4", failed to pay the principal and interest when they expired. According to the 21st Century Business Herald, previously,GibalTrustsIt has stopped paying for "Zhengxin 215" and "Real Estate No. 1043".Trustsinterest on the product, and there have been more deferred payment of products. According to reports,GibalTrustsThe total amount of overdue products can even reach billions. Most of these deferred products involve real estate projects or public-private partnership (PPP) projectsWanxiang GroupwithGibalHolding these two Chinese corporate giants, by the "godfather of Zhejiang businessmen".Lu Guanqiuand his son Lu Weiding controlled and controlledGibalMoney tide,Wanxiang DenongShunfa Hengye, Chengde Lulu and other listed companies, as well asGibalTrustsGibalFinanceMinsheng Life Insurance, Tonghui**, Tonglian Pay,Giballeasing and other companies. In addition, they also participated in several companies such as MYbank, Zheshang Bank, Shangrao Bank, Zheshang **, and Shanghai Guofang Private EquityFinanceagency, and controlGibalOne.
Two. 3. Ocean Family and other enterprises. GibalTrustsAsGibalThe core of the departmentFinanceThe importance of the platform is self-evident.
However, in this storm abruptlyFinanceIn the market, one of the "most mysterious" old money factions in China's capital marketGibalThe department seems to be facing a huge challenge. GibalTrustsIt's a lotTrustsIn the company, rightReal estate investmentOne of the staunchest supporters. Since 2017,GibalTrustsfor the real estate industryInvestmentsThe scale has grown dramatically, reaching 4,276 by the end of 2022400 million yuan. Especially in 2019,InvestmentsThe scale has reached a record 6794900 million yuan, which caused a warning from the former China Banking and Insurance Regulatory Commission. Although for the next three years, the real estate industryInvestmentsDeclining year by year, but as of the end of 2022,GibalTrustsofTrustsInvestmentsIt still accounts for 58% of the company's assets, far ahead of other industries. GibalTrustsofTrust SchemesIt has mainly invested in a number of well-known real estate companies, such as Evergrande, Country Garden, Greentown, Kaisa, Bluetown, China SCE, Xiangsheng Holdings, Jinke Real Estate, Blu-ray Development, etcRonshine Group, China Aoyuan, Redco Group, Rongan Real Estate, Rongsheng Development, Zhongnan Construction, etc. However, with the thunderstorm of a number of real estate companies,GibalTrustsIt was also implicated and had to start lawsuits with Evergrande, Kaisa, Jinke Real Estate and other companies, and its performance was naturally affected. As of the end of 2022,GibalTrusts's AUM has shrunk to 892500 million yuan, revenue 86700 million yuan, down 40 million year-on-year6%, net profit 32700 million yuan, a year-on-year decrease of 5328%。According to the Financial Associated Press,GibalTrustsThe total scale of "Health Education No. 2" and "Health Education No. 4" is 983.4 billion yuan, all the funds raised are used for the medical care integration project of Hongqiao Hospital in Liupanshui City, Guizhou Province. The project is a public-private partnership (PPP) project between social capital and local **, including three parts: Hongqiao Hospital, Wanhua Beyuan Medical Apartment and Wanhua Shang Street. Guizhou Wanhua Medical Real Estate holds 70% of the shares of the project, Guizhou Gaobo Business Management, which is controlled by the Management Committee of Liupanshui High-tech Industrial Development Zone, holds 20% of the shares, and Sichuan Huatai Construction Co., Ltd. holds 10% of the shares. However, the project did not go well. Previously,GibalTrustsPayment has been suspended for a number of products. According to the 21st Century Business Herald, the product "Zhengxin 215" has stopped paying for several months, and the product is raising funds with a scale of 10the 8.4 billion yuan west section of road 11 in Duyun Economic Development Zone, Qingshuijiang Urban Investment Group in Guizhou Province; The underlying project of the product "Real Estate No. 1043" is the second phase of Kaisa's Dongdaihe Qiyuetai project, which has also stopped paying interest. By all indicationsGibalTrustsInReal estate investmentGot into trouble.
GibalTrustsAfter the "Health Education No. 2" and "Health Education No. 4" refused to pay the principal and interestLu GuanqiucontrolledGibalTrustsCompletely thunderstormed and fell into a large-scale battleInvestmentsrights protection turmoil. Now, we can't help but ask, thisGibalWhere will the capital empire go?
Lu Guanqiucan be called a Zhejiang merchant giant crocodile, he is in controlWanxiang GroupwithGibalHolding these two 100-billion-level enterprises. Through these two companies,Lu Guanqiuand his son Lu Weiding took controlGibalMoney tide,Wanxiang DenongShunfa Hengye, Chengde Lulu and other four listed companies. Plus, they're in controlGibalTrustsGibalFinanceMinsheng Life Insurance, Tonghui**, Tonglian Pay,Giballeasing and many other companies, and has participated in MYbank, Zheshang Bank, Shangrao Bank, Zheshang **, Shanghai Guofang Private Equity and many othersFinanceInstitution. At the same time, they also took a controlling stakeGibalOne.
Two. 3. Ocean Family and other enterprises. It can be said thatLu GuanqiuThe influence is impeccable in many areas.
However, asGibalThe core of the departmentFinanceOne of the platforms,GibalTrustsThe bankruptcy event undoubtedly gave the wholeGibalThe empire of wealth has had a huge shock. The incident exposedGibalTrustsInReal estate investmentThe predicament faced by China has been implicated in a number of thunderstormsReal estate enterprisesThere is also the problem of delayed payment of products due to poor management. In addition,GibalTrustsIn recent years, yesReal estate investmentover-reliance, may also makeInvestmentsmay have an impact on its business strategyGibalIt is the reputation and status in the capital market.
AgainstGibalTrustsThe current situation needs to be further analyzed and resolved. GibalTrustsIt needs to review its business strategy, reduce its over-reliance on the real estate sector, and look for moreInvestmentsopportunities and diversified capital layout. At the same time, strengthenRisk controland compliance management, improve the pairInvestmentsprojectDue diligenceand the ability to assess, to ensureInvestmentsThe interests of the people are protected. In addition, we will strengthen cooperation with real estate companies to jointly respond to industry risks, strengthen information disclosure and communication, and enhance trust and transparency.
In addition, regulators need to pay close attentionGibalTrustsstrengthen the supervision and supervision of its risks, to ensureFinanceStability and security of the market. in processingInvestmentsWhen it comes to protecting the rights of people, it is necessary to strengthen the force of legal protection and safeguard itInvestmentsto fight against fraud and illegal acts, and to preserveFinanceThe normal order of the market.
In short,GibalTrustsThe problem is not just a company's problem, but the whole thingGibalThe development and reputation of the department. It is only through the joint efforts and cooperation of all parties that this problem can be resolved and revitalizedGibalTrustsconfidence, protectionInvestmentsthe interests of the people, maintainedFinanceStable and healthy development of the market.