On July 8, according to public information, Sino-Singapore Holdings (HK.08207), a subsidiary of Pioneer Group, announced the official suspension of trading. According to the announcement information, the shares of Sino-Singapore Holding Company have been suspended since 9: 00 am on July 8, 20 19, and an announcement on the violation details of its wholly-owned subsidiary Pioneer Payment Co., Ltd. (hereinafter referred to as "Pioneer Payment") will be released later.
(Detective added: According to Caixin. People close to the regulator said that the wealth management company of Netcom Group had payment problems, which affected its pioneer payment. Two other insiders said that the problem of pioneer payment mainly involves misappropriation of funds. According to one insider, at present, it is known that Pioneer Payment has misappropriated its positions in relevant banks in Sichuan and Tianjin, with a vacancy of 240 million yuan, of which more than 654.38 billion yuan is T+0 funds from a local bank in Tianjin. "Before this, I have never heard of any payment company that has not received the funds from the bank T+0." A payment institution executive said this. It is understood that based on this, UnionPay has suspended the credit business for Pioneer Payment. )
It is understood that Sino-Singapore Holding Technology Group is a comprehensive financial technology group, and its main businesses include: Asian payment, technology loans, blockchain and other businesses. According to the latest financial report data of 20 19 1 quarter, the revenue of Zhongxin Holdings in 20 19 1 quarter was about 527 million yuan, down 12.6% in the same period.
But its payment business has developed rapidly in recent years. According to the financial report of the first quarter, in the three months ended March 365,438+0 and March 2065,438+09, the income generated by the third-party payment services of Sino-Singapore Holdings (including online payment transactions provided by Pioneer Payment, payment system consulting and related services, and payment transaction services provided by Amigo Technologies and Da Qiao International) was about RMB 65,438+0./kloc. It accounts for about 22.5% of the Group's total revenue, of which Pioneer Pay, Amigo Technologies and Da Qiao International recorded revenues of about RMB 65,438+0.65 billion, RMB 3,654.38+0.6 billion and RMB 600,000 respectively. Pioneer's payment income accounts for about 97% of the company's third-party payment business income.
In addition, Sino-Singapore Holdings is also rapidly expanding its overseas business. 20 18 Acquired Da Qiao International and obtained the Hong Kong stored value payment license. Vinatti, a wholly-owned subsidiary of Amigo Technologies, has obtained the 10 third-party payment license issued by the National Bank of Vietnam.
Pioneer payment is undoubtedly the main force of the third-party payment business of Sino-Singapore Holdings. According to the data of mobile payment network, Pioneer Payment was established on July 2007 12 with a registered capital of 1 100 million yuan. On July 6, 20 13, it obtained the payment license, and with the approval of the central bank, it launched the internet payment business nationwide, and launched the prepaid card issuance and acceptance business in Beijing and Liaoning Province, and successfully completed the renewal on July 6, 20 18. The quarterly financial reports of Sino-Singapore Holdings 20 19 and 1 9 show that the total transaction volume of Pioneer Payment in the quarter of 20 19 reached about 21570,000 yuan, up about 36% year-on-year. By the end of March 20 19, the cumulative number of active users reached 5.37 million.
The current business scope of Pioneer Payment covers basic payment services and featured industry solutions such as online loan bank depository, direct banking, industrial chain finance, online loan cloud platform and cloud wallet. For some time, pioneer payment has been plagued by compliance problems. 2065438+On April 9, 2009, Pioneer Payment was fined by Dalian Central Branch of the Central Bank and fined 420,000 yuan for violating the payment business regulations.
However, after Sino-Singapore Holdings announced the suspension of trading, according to the national enterprise publicity system, the joint venture group held 100% equity, which has been completely frozen. The amount of shares frozen this time is1000000, which was frozen by Wuhan Intermediate People's Court of Hubei Province on July 2, 2065.438+09. The freezing period is from July 2, 20 19 to July 2, 2022 1 day, and the implementation announcement number is (20 19) E01Zhibao No.455 bis.
Recently, there have been many twists and turns in the enterprises under Pioneer Group: On July 4, it was reported that P2P Netcom Pratt & Whitney, a network letter group under Pioneer Group, had overdue news; On July 5, Guanwei of Netcom Group released a message confirming the existence of a small-scale overdue platform and issued a statement on the WeChat platform; However, a notice was issued on July 6 to cancel the investor meeting scheduled for July 8.
Extended reading
1, Netcom Group postponed the investor meeting for some reason.
The official WeChat account of Netcom Group announced on July 6 that in order to ensure the safe and orderly reception of investors' visits, the investor meeting originally scheduled for July 8 was postponed because the development of customer reservation system, reception environment and security equipment configuration were still in progress, and the follow-up meetings will be organized in batches according to the appointment.
Netcom Group said, "At present, all employees of the company devote all their time and energy to the stable and orderly operation of the company, and customers and friends can consult the situation through exclusive customer service, 95782 customer service telephone number and local branches; We will release the latest progress in a timely manner through channels such as official website and official WeChat, so stay tuned. "
2. The online letter responded "exit": the executives were not detained.
On July 4th, a screenshot of Pratt & Whitney's benign exit from P2P platform came out. The screenshot shows, "After discussion by the leaders of the group, it is jointly decided that the network information platform will exit benign. We will cooperate with relevant departments to ensure stability and order and do our best to protect the interests of investors. The specific work will be notified at any time. At the same time, I hope that all financial backbones can actively participate in the work of stabilizing investors and jointly do a good job in the aftermath. "
At noon that day, Netcom Group issued a text message through the official WeChat official account, saying, "At present, Netcom Pratt & Whitney is overdue in a small scope. As an information platform, we are actively communicating with product managers and related financing companies, actively collecting funds, and formulating strategies such as delaying exit and steadily reducing scale for some businesses. " However, the announcement was later deleted.
In response to the rumor that "Netcom Pratt & Whitney quit", on July 5, the relevant person in charge of Netcom Group responded to the reporter of China Times. First, the company has not officially announced its exit plan, and is also seeking a more optimized solution; Second, the senior executives of Netcom are all working in the building to receive investors who visit and ask questions; Third, the parent company Pioneer Group is also actively participating in coordination and solving the liquidity problem through various means; Fourth, at present, no senior executives of Pioneer Group and Netcom have been "arrested" or detained.
According to the information of CNC Pratt & Whitney, it has been in operation for 8 years. Just over a month ago, Beijing Dongfang United Investment Management Co., Ltd., the operating entity of Netcom Pratt & Whitney, increased its registered capital to 500 million yuan, and has completed the industrial and commercial change registration.
According to the pilot work plan of P2P filing for Internet transmission, online lending institutions operating nationwide need to pay a registered capital of not less than 500 million yuan. At present, the paid-in capital of CNC Pratt & Whitney is 200 million yuan, the actual controller is Zhang Zhenxin, and the legal representative is Li Huanxiang, chairman of CNC Group.
Net letter Pratt & Whitney is a P2P platform split from net letter. 2065438+In September 2006, Netcom Group announced that it would split its wealth management business and divest its P2P business. The business is divided into Netcom Pratt & Whitney and Netcom Wealth Management. Netcom Pratt & Whitney mainly focuses on online loan products, such as Netcom wealth management comprehensive fund and entrusted wealth management products. According to the data of official website, as of May 3 1 day, the cumulative transaction amount of Netcom Pratt & Whitney was164.327 billion yuan, the loan balance was 5.902 billion yuan, the interest balance was 348 million yuan, the lender was150,900, and the borrower was128,600.
Official website's information shows that Netcom Pratt & Whitney has an ICP business license. He is a member of China Internet Finance Association, the first member of the Internet Finance Professional Committee of the Central Bank, the founder of the Internet Association of China Internet Finance Working Committee, and the executive vice president of Beijing Internet Loan Industry Association. Its group has received three rounds of financing totaling hundreds of millions of dollars.
In March this year, Netcom Holdings plans to go public through a backdoor merger with Hunter Maritime Acquisition Corp (NASDAQ: Hunt), an American listed company, and will change its name to Netcom Holdings. The merger was completed on March 22nd, US time, and the announcement of the merger was made by official website, the US Securities and Exchange Commission, which marked a series of listing processes between Netcom Holdings and other countries and officially entered the US capital market.
Everything seems so smooth, but it seems to imply something.
Just the day before the net letter Pratt & Whitney turned into a benign exit, the platform suspended the cash withdrawal service.
On July 3, Netcom Pratt & Whitney announced the upgrade of the platform depository banking system. Haikou United Rural Commercial Bank, the depository bank of the platform, will upgrade its system all day on July 6. During the upgrade, the following businesses will be affected: the withdrawal of online loan accounts will be suspended; Large recharge of online loan account will suspend service; Users who bind Haikou United Rural Commercial Bank card cannot recharge.
In addition, the top management of the network letter has also changed recently. Enterprise survey shows that on June 25th, the natural person shareholder, legal representative and general manager of Netcom Group were all changed from Shengjia to Zhao Huimin. Then, on the 28th of the same month, Zhongxin Holdings (HK8207) announced that Shengjia was transferred as a non-executive director of the company, which took effect on June 28th, 20 19.
Netcom Group and Sino-Singapore Holdings (formerly known as China Credit Trust) are both members of Pioneer Group. According to the equity penetration chart, Netcom Group is 99% owned by Dalian Pioneer Microfinance Investment Co., Ltd., and the latter shareholder is foreign pioneer United Public Investment (Hong Kong) Co., Ltd. 100%, which is a VIE company.
In addition, Jang Jin Xinhe and Li Huanxiang, two natural person shareholders of Beijing Dongfang United Investment Management Co., Ltd., hold 99% and 1% respectively, both of which are related to Pioneer Group. Zhang Zhenxin is the chairman of Pioneer Group, and Li Huanxiang has held many positions in related companies of Pioneer Group.