P2P Platform Hai Jin Warehouse Launches New Financial Products

P2P platform Hai Jin warehouse launches a new financial product, "Hai Bao". When investors want to invest in the common financial targets with higher returns, they can directly use the "Hai baby" fund to tender.

It is reported that Hai Jin warehouse is planning to accelerate the introduction of strategic investors, which to a certain extent can alleviate the plight of scarce projects.

In the ten ministries and commissions such as the central bank recently launched the "guiding opinions on promoting the healthy development of Internet finance".

After the "legitimate" status of finance, the P2P of state-owned assets will soon develop rapidly.

In July 22nd, the P2P platform Hai Jin warehouse announced that its total paction volume has exceeded 1 billion yuan, and launched a new financial product.

"Docking with the Minsheng Bank's extraordinary asset management" Tianyi Jin "series of financial products, the average annual yield of 4.2%.

The product feature is that the "Hai baby" account is linked to the investment account of ordinary financial policy. When investors want to invest in the common financial targets with higher returns, they can directly use the "Hai baby" fund to tender.

The wholly owned shareholder of Hai Jin warehouse is Beijing Haidian science and technology financial capital holding group Limited by Share Ltd (hereinafter referred to as "Hai Ke Jin group"). It is an important regional financial service platform for science and technology in Haidian District, with a total of 8 subsidiaries, including investment, guarantee, small loan and pawn.

Hai Jin warehouse is an important piece of Internet Finance for hCG group.

"The strategic positioning of the Internet in the Hai Ke Jin group is to break through the deadline and regional restrictions of traditional finance."

Shen Peng, chairman of Hai Ke Jin group, said in an interview with reporters that Guarantee Corporation and small loan companies mainly relied on the funds of banks, and the banks had a long term of examination and approval, and there was a limited amount of flexibility.

In terms of breaking the regional restrictions, the company is mainly concentrated in Beijing and has a large radius and high cost to investigate foreign enterprises. With the help of the Hai Jin Bin platform, Hai Ke Jin can cooperate with the foreign financial institutions similar to the wind control standards and expand the scope to the whole country.

"The background of state-owned assets P2P company has a certain public interest function in reducing the financing cost of SMEs, to a certain extent, it limits its profit space, so it will be different from other P2P companies in business mode."

Another general manager of the state owned P2P platform said in an interview with the economic report reporters in twenty-first Century.

Positioning functional platform

Unlike other P2P platforms, Hai Jin Bin does not aim to become a profit center in the business system of hoeking.

At present, the annual yield of the company's financing financial products on Hai Jin warehouse platform is 9%-12%, which is a relatively low level in the industry, which means that Hai Jin's own profit margin is limited.

"Platform 2%, to investors about 10%, the cost of financing enterprises around 12%."

Shen Peng said, Hai Jin warehouse is positioned as a functional platform, "more is to do small and medium enterprises, financing customers and individuals, financial institutions docking."

Following the launch of the Hai Jin warehouse platform in September 2014, with its own projects such as Guarantee Corporation and small loan companies under the digest group, it gradually cooperated with other state-owned Guarantee Corporation in Beijing, and guided the project to the Internet investors who were docking with Hai Jin warehouse platform.

By co operating with other financial institutions, we can drain into the Hai Jin warehouse project library, which means that the profit space of Hai Jin warehouse will be further compressed.

"We do not want to earn information intermediary fees through the gold warehouse, and reflect the value of information intermediaries through value-added returns of good projects.

For example, we do equity investment projects, and then companies are listed, which is higher than our profits from claims.

Shen Peng said that the platform integrates potential companies throughout the country to meet their financing needs and make profits through other ways such as equity investment.

Introducing strategic investors

Owning other profitable channels such as equity investment does not mean that Hai Jin Bin will self handicap in its business content.

"Next, we plan to form different products through experience and find partners that are consistent with our risk preferences, mainly large Guarantee Corporation, insurance companies, commercial banks, trusts and other institutions."

Shen Peng said that at present

Hai Jin Bin is also trying to get involved in the products.

Similar to the problems faced by other P2P companies, Hai Jin Bin is also facing the problem of lack of quality projects.

Reporters found that 99 projects were completed on the official website of Hai Jin Cang, and 44 projects were being repaid, but the number of projects being raised was zero.

In view of the current number of small number of platform projects, Shen Peng explained that Hai Jin Kong wind control is strict, "the project needs to go through the group and subsidiary's multiple audits to go online."

But nowadays, good projects are hard to find. "The quality of projects currently placed in Hai Jin warehouse is better, but it is only a matter of insufficient bank volume or inflexible deadline."

It is reported that Hai Jin warehouse is planning to accelerate the introduction of strategic investors, which to a certain extent can alleviate the plight of scarce projects.

"We are looking for companies with Internet experience, investors who can bring internet resources, or companies that can provide more projects."

Shen Peng disclosed that at present, Hai Jin warehouse is discussing investment matters with two agencies. "Equity accounts can be discussed, but the two sides should have a coherent risk control attitude and be able to find enough good projects to pass the evaluation criteria of our platform."

"Our initial plan is that the total paction volume will be 300 million at the end of 2014, reaching 2 billion this year and 10 billion next year.

But in the context of economic downturn, we will not expand blindly.

Shen Peng emphasized.