In the past few years, "Internet +" has swept people's clothing, food, housing and transportation, from the service industry, industry to agriculture, the Internet and the accompanying capital tentacles are everywhere. With the increasing supply of China's non-performing asset market, the development of Internet + non-performing asset disposal business is heating up rapidly, which improves the efficiency of non-performing asset information matching while reducing the cost of disposal and the sudden time and geographical restrictions. In the post-epidemic era, the online disposal of non-performing assets will become the new normal.
According to the statistics of data agencies, as of April 23, 2021, there were about 94 Internet + non-performing asset disposal platforms, including 40 creditor's rights matching platforms, 22 ** collection platforms, 8 data restoration platforms, 12 legal service platforms, 11 judicial auction platforms, and 1 comprehensive service platformFrom the perspective of regional distribution, Beijing has the most registered platforms, with 23, followed by Guangdong with 18 and Shanghai with 17, and the total of the three regions accounts for 617%。
Regional distribution map of China's Internet + non-performing disposal platform
Data**: Zero One Think Tank, Internet Public Information, Enterprise Chacha (as of 2021-04-23).
"Internet +" is a further practical achievement of Internet thinking, which promotes the continuous evolution of economic forms, thereby driving the vitality of social and economic entities, and providing a broad network platform for reform, innovation and development. In layman's terms, "Internet +" is "Internet + various traditional industries", but this is not simply the addition of the two, but the use of information and communication technology and Internet platforms to deeply integrate the Internet and traditional industries to create a new development ecology.
It represents a new social form, that is, to give full play to the optimization and integration role of the Internet in the allocation of social resources, deeply integrate the innovative achievements of the Internet into various economic and social fields, enhance the innovation and productivity of the whole society, and form a new form of economic development with the Internet as the infrastructure and realization tool.
"Internet + non-performing assets" is a new business model that has emerged in recent years, which combines Internet technology with the disposal of non-performing assets to improve the efficiency and income of the disposal of non-performing assets in an innovative way.
So, what kind of chemical reaction will occur when "Internet +" meets non-performing assets?The password to break the circle is in ** again?
The traditional non-performing asset disposal business is mainly solved by asset management companies after purchasing assets and then disposing of them, or through debt restructuring through tripartite agreements. The "Internet + non-performing assets" model is a new type of channel for the disposal of non-performing assets, from the initial display of non-performing assets package through the Internet head platform, to the multi-faceted and more detailed asset promotion through various online platforms, live broadcast "with goods" and other channels, online disposal of non-performing assets has become a major trend, and has also achieved remarkable results. In addition, the scale of online matchmaking transactions is also rising, and the asset disposal cycle is significantly shortened.
Xiao Yinhui, founder of Qixing Group, which is committed to building China's leading Internet platform for the special asset industry, said that the "Internet + non-performing assets" model is still in the early stage of development, and there are still some problems to be overcome. Overall, there is still a lot of room for development in this model.
In the context of "Internet + non-performing assets", the four major AMCs (financial asset management companies) have begun to dispose of non-performing assets through the Internet in 2015. Cinda signed a strategic cooperation agreement with Alibaba in May 2015In December 2015, Huarong officially entered the ** network asset disposal platformIn addition, Orient Asset Management will cooperate with individual investment and wealth management customers through the Ant Financial platform in the disposal of non-performing assets in the futureIn 2015, the Tianjin Financial Assets Exchange, a subsidiary of China Great Wall Asset Management Co., Ltd., cooperated with **.com, and its business direction will explore the expansion of Internet business, and Ant Financial will carry out Internet-based transformation of the exchange.
Since 2015, most of the online platforms for the disposal of "Internet + non-performing assets" are still being explored for the core technology of directly participating in the disposal of non-performing assets in the Internet mode, and only a small part of the non-performing assets can be disposed of, and the "Internet + non-performing assets" disposal model needs to be continuously explored. This requires continuous improvement of the level of big data information services, with the help of Internet big data and other innovative methods, so that the disposal of non-performing assets through big data collection directly participates in the disposal, so that the Internet in the process of disposal to provide core value-added services in the technology of continuous enhancement.
Judging from the current practice, "Internet + non-performing assets" only stays in the following directions: information promotion, information display, information search, network bidding (formal), and non-performing assets training, and even more, private lending is directly packaged as non-performing assets, which is mixed with financial non-performing assets, which is far from the expectations of the industry. With a large number of Internet platforms that market and hype non-performing assets out of business, loss of contact and bankruptcy, we have to carefully analyze whether the cross-border mix between the Internet and non-performing assets can really spark a spark
Basic information on judicial auction platforms.
There are also some new local asset management companies that rely on their own geographical advantages to explore and deepen the "Internet + non-performing assets" model with the help of science and technology. The non-performing asset business is highly professional and non-standard, and it is difficult to move all the links online, and asset management companies are more likely to choose the "online + offline" model.
For the non-performing asset industry, the introduction of Internet technology can greatly improve the efficiency and income of the disposal of non-performing assets. Traditional disposal methods often require a lot of manual work, which is inefficient and error-prone. The "Internet + non-performing assets" can use big data, artificial intelligence and other technical means to accurately evaluate and quickly realize non-performing assets, thereby greatly shortening the disposal cycle and improving revenue.
"Internet + non-performing assets" can expand the audience of non-performing assets. Under the traditional disposal method, due to information asymmetry and the lack of an effective trading platform, many investors are unable to obtain relevant information about non-performing assets and cannot conduct effective transactions. The "Internet + non-performing assets" can provide investors with a full range of non-performing asset information and trading services through the construction of online platforms, attracting more investors to participate in it, thereby expanding the audience.
Internet + non-performing assets can reduce risks and improve returns in innovative ways. For example, the quality and return of non-performing assets can be improved through restructuring and reorganization, so as to reduce investment risksIt is also possible to achieve transparency and traceability of non-performing assets by introducing blockchain and other technical means, so as to improve the trust and income of investors.
To sum up, "Internet + non-performing assets" can achieve rapid realization and efficient utilization of non-performing assets through the introduction of Internet technology, expanding the audience, and reducing risks and increasing returns in innovative ways。The key to breaking the circle lies in how to combine these technical means and innovative ideas to create an "Internet + non-performing assets" platform with core competitiveness and sustainable development.
At present, a small number of domestic platforms have provided comprehensive services to customers, including a one-stop non-performing asset disposal platform, as well as related investment and financing, asset management, education and other business scopes.
As the pioneer of the Internet + service platform of the whole industry chain of China's special assets, the Internet platform of Qixing special asset industry is built by Qixing Group, integrating asset management, investment, education and research, science and technology platform, cultural media, business operation and human resources of special assets. It owns China's first special asset comprehensive education sharing and entrepreneurship platform, the first special asset trading service platform and the first MCN institution in the special asset industry, and its "Asset Times" is China's chief special asset industry magazine. We are committed to achieving the mission of "making economic and efficient circulation and making entrepreneurship easier to succeed". On the basis of fully introducing and absorbing the international advanced asset operation model, we will build a full-chain ecosystem of high-quality development of the special asset industry, and continue to promote the integrated strategic layout.
Regarding the establishment of the platform, Xiao Yinhui, founder of Qixing Group, said that in the past few years, he has gone to Morgan Stanley's New York headquarters twice to learn how they have built a standardized investment model for the non-standardized business of non-performing assets. After in-depth exchanges with the person in charge of Morgan Stanley, he clarified the positioning of the Qixing industrial Internet platform after returning to China, benchmarking Morgan Stanley abroad and Shell platform domestically, creating a benchmark for the special asset industry.
It is reported thatSeven Star Group will be held on January 16, 2024"Insight Trend and Value Co-creation" China Special Assets Annual Trend Development ForumGather industry leaders, experts, scholars and representatives from all walks of life in key fields such as politics and business, finance, and law to jointly develop the latest trends in the special asset industry, provide an open and inclusive exchange platform for the development and innovation of the special asset industry, and also an opportunity for the industry to break the circle, which is currently being registered.