Retribution: Good News Birds Sell Off P2P Assets At Eighty Percent Off, Pocket Money Managers Are Ganged Up.

In the news bird Cmi Holdings Ltd (hereinafter referred to as "good bird", 002154) at 10 million of the price to prepare the spanfer of its wholly owned subsidiary, Zhejiang news bird Venture Capital Co., Ltd. (hereinafter referred to as the "bird of fortune") in the small Ling Yu financial information service (Shanghai) Co., Ltd. (hereinafter referred to as "small fish gold clothing") all the shares, unexpected accidents - the legal representative of small fish gold clothing, the real controller Yu Lingyun, because involved in the super network loan crime, and is the gang's first criminal, in Jiangsu Taizhou fight against corruption in the special struggle to be caught. The P2P platform pocket management of small fish gold clothing is also paralyzed.

Just 4 years ago, as a well-known listed company out of Yongjia, Wenzhou, the good news bird also prepared to develop Internet finance into the second main industry of the company, invested 55 million yuan in strategic investment in small fish gold clothing, and held 10% as the three shareholder of small fish gold clothing. With the change of the environment of Internet finance, the profit of small fish and gold clothing has declined sharply. When the bird made a big allowance in the beginning of this year, it decided to spanfer all 10% shares in February 20th.

4 months ago, there was no letter of change in the spanfer of equity, and business information showed that it was still the three shareholder of the small fish gold clothing company holding 10%. Small fish, gold clothing and pocket money management have taken place. How is the spanfer from 55 million to 10 million? Xie Haijing, a news bird, responded to reporters that the spanfer of shares was in progress, but there was no definite timetable for the completion of the industrial and commercial changes. "It will not be affected by Yu Ling Yun." Xie Haijing said.

　　 Had planned to build mutual gold business as the second main business.

According to official website, pocket finance is a professional network lending information intermediary service platform of Shanghai Yiyao financial information service limited. It is the governing body of Shanghai Internet Financial Industry Association and vice president of Shanghai Financial Information Industry Association. A year ago, pocket finance also declared itself the "Shanghai top ten Internet financial company". Shanghai Yu Yao Financial Information Service Co., Ltd. is 100% owned by Xiao Yu Jin clothing.

On the official website of pocket finance, in May 18, 2015, it released a news of "group company's small fish gold clothing to complete the A round of financing", and said, "the mobile internet financial leading enterprise pocket financial management is officially announced: it has won the strategic investment of the listed company's wedding bird."

In May 13, 2015, it announced the announcement on expanding the Internet financial business and joint investment and related spanactions. It said, "to optimize the company's industrial structure, further develop new Internet businesses, and achieve rapid layout in the Internet financial field, and build an internet financial ecosystem including Internet channels, big data and virtual credit platform as soon as possible, and develop the Internet financial business into the second main business of the company, so as to enhance the company's continuous profitability and risk resistance capabilities."

According to the announcement, the company signed the investment cooperation agreement with Zhou Xinzhong, vice chairman and general manager of the news birds, many other mutual gold companies and Yu Ling Yun, and invested in the establishment of small fish and gold clothing. Among them, 55 million yuan was invested in the venture capital venture, holding 10%.

According to the announcement, Shanghai Valley Financial Information Service Co., Ltd., Wenzhou net sincere folk financing information service Co., Ltd. and Shanghai Lingrong Network Technology Co., Ltd., with real estate investment and investment cooperation, are controlled by Yu Lingyun. This is the fate of a good bird.

In June 3, 2015, the pocket finance official website announced that in June 1st of that year, Yu Lingyun and CEO Zhu Yongmin, the chairman of pocket finance management, came to Wenzhou, Zhejiang, with executives from various departments of the company to conduct a one day exchange visit to the news bird group and Ouhai Agricultural Bank of China. Wu Zhize, vice chairman and general manager Zhou Xinzhong, warmly welcomed the pocket financial management team.

　　 Pocket money management real people are caught in gangs

The official website of pocket finance has not been updated after the announcement of business acceptance and customer service arrangements in May 1 in April 30th. Reporters call for pocket service, customer service telephone, media contact telephone and login online customer service, no response and no online. The entire P2P platform seems to be stillness.

In connection with it, in March 28th, pocket Finance issued an announcement of Operational Adjustment on the official website. It said that in the morning of March 25th, pocket finance was investigated by the public security department in a certain province of Jiangsu province. All the office facilities such as computers and communication equipment were sealed up on that day. Pocket money management is actively cooperating with the public security department's investigation. The management of the company has been communicating at the first time, and has also reported to the industry regulatory authorities and trade associations for the first time.

In June 12th, the front page of the Taizhou daily published the special report of the "special work of fighting against corruption and eliminating evil in Taizhou". In the report, "starting from the evil forces that are most intensely repugnant to the masses and repugnant to the masses, the heavy punches attacked and a group of black criminals who were bitterly bitterly hate were punished severely according to the law". Three concrete cases were mentioned. One of them wrote that "the large network loan criminal gang led by Yu Ling Yun was unscrupulous and endanger huge. Finally, it was eradicated by one stroke, and a total of 283 suspects were arrested, and the funds seized and frozen were more than 10 billion yuan."

According to the report, "as of May 20th, the city has cracked 757 cases involving 9 categories of evil cases, destroyed 5 Gangland Organizations and 12 criminal gangs, and arrested more than 2700 criminal suspects involved in crimes involving gangs.

Reporters from the inter industry insiders learned that Yu Ling Yun was arrested because of cash loans in Jiangsu, the associated collection company killed people, pocket financial management was Taizhou provincial economic investigation cross provincial investigation. The Jiangsu Provincial Public Security Bureau has issued a warrant for the arrest of 20 people who are involved in the crime of black related crimes. Taizhou did not respond to the case involving Yu Ling Yun.

　　 Total sale after asset impairment

"Equity spanfer is in progress, and the first spanfer has arrived." Xie Haijing, a news bird, told reporters. According to the announcement before the wedding bird, the decision to completely divestiture the P2P assets, even at the initial stock price of eighty percent off, "clearance sale".

In January 19, 2019, the newspaper announced that it had issued a notice on the provision for impairment of the available financial assets, and conducted an asset impairment test on the 10% stake in the small fish gold suit. According to the test results, the company made a total impairment allowance of 46358179.74 yuan for the sale of the financial assets of the small fish gold suit.

The announcement said that due to frequent thunderstorms in the Internet financial industry, investors' confidence in the market has weakened, and the volume of Internet financial industry has declined significantly. Due to the changing situation of the Internet financial industry, the industry regulatory policy is not clear, especially since the fourth quarter of 2018, the Internet financial lending platform registration is later than expected, and there is no definite timetable. The industry is facing great uncertainty in regulatory policy, and the scale of business is increasingly restricted. The pocket financing and palm inventory treasure that P2P net loan is the main business mode has been adversely affected. According to the financial statements provided by the small fish gold service (Unaudited), the operating income of small fish gold clothing in 2018 decreased by 49.62% compared with the same period last year, and net profit decreased by 65.24% compared with the same period last year. The company believes that the small fish gold clothing is facing greater uncertainty in the industry and will continue to be affected. So good news birds carry out asset impairment testing.

According to the report, the ready balance of the ready to sell financial assets at the end of 12 in 2018 was 71358179.74 yuan, which was 25000000 yuan at the end of 2017. Therefore, in 2018, the provision for impairment of the sale of financial assets is estimated to be 46358179.74 yuan, accounting for 178.80% of the net profit attributable to the parent company in the latest accounting year.

In February 23rd, February 28th and March 7th, the news birds issued a notice and supplementary notice on the spanfer of small fish and gold clothes and related spanactions, and finally negotiated to spanfer 10 million of the 10% shares to the Zhou Xinzhong.

In June 25th, the reporter inquired about business information, and the company reported that it still held 10% of the small fish gold clothing. Shao Bin, partner of Beijing Ying Ke (Hangzhou) law firm, said that as long as the stock has not yet been completed, the existing shareholders still have to bear the responsibilities and obligations corresponding to their shares.

Reporters inquire about the announcement of the birds, although the price of the spanfer of the 10% shares has been defined, there is no letter for the completion time of the spanfer. Xie Haijing responded to reporters that the spanaction was already in progress, and Zhou Xinzhong had already paid most of the first part of the spanfer payment. But Xie Haijing did not disclose the amount of money Zhou Xinzhong had paid, and said there was no definite agreement on when to complete the equity change.

"This kind of equity spanfer is not normal, only the time of payment has no time to complete the spanaction." A number of legal personages said that at least there should be a supplementary agreement between the two sides to agree on the time of business process, or that the spanferee can ask for spanfer at any time after payment. Wang Song, a lawyer at Xuzhou Chuang Chuang, said that the fourth provision of the contract law stipulates that if the time limit for performance is not clear, the debtor can perform at any time, and the creditor can also fulfill the requirement at any time, but it should give the sixty-second party the necessary time to prepare.