Will the sudden death of the chairman of Zhongzhi Group block the "capital pulse" of Country Garden?

202 1, thunder comes from real estate. At one time, all powerful real estate enterprises were in debt crisis, including Baoneng, Blu-ray Development, R&F and Big Brother Evergrande Real Estate. On the other hand, Country Garden has been silent for many years. Is it really like the picture? Xiaoqiu, editor of Longhui Engineering Network, talked with friends about Country Garden's funds and its relationship with Zhongzhi Group.

The full name of Country Garden is Country Garden Holdings Limited, which was established on April 2, 1997. Its headquarters is in Foshan, Guangdong, and its legal representative is Yang Wenjie. On April 20, 2007, it was listed on the main board of Hong Kong Stock Exchange, involving property development, Jian 'an, decoration, property management, property investment, hotel development and management.

As the friends can see with the naked eye, Country Garden, which has been established for 24 years, seems to have a smooth journey. The brand is getting bigger and bigger, and the voice is getting louder and louder. Is that really the case?

Just in September this year, Country Garden announced its semi-annual report. Operating income in the first half of the year increased by 27% year-on-year to 234.93 billion yuan. In addition, the amount of equity sales increased by 65,438+04% year-on-year to 303.09 billion yuan, and the equity repayment rate exceeded 90% for six consecutive years, leading the industry. Behind this brilliant performance, there are actually some hidden dangers.

Friends may be curious, where did Country Garden's funds come from? An inexhaustible supply?

Throughout the real estate industry, you will find that there is not a real estate enterprise that does not finance its own "treasury". Securities Times once published an article about Country Garden's capital chain, in which Xiaoqiu, editor of Longhui Engineering Network, was deeply impressed: "Some pheasant platforms, under the banner of" Gold Exchange ",set up new underground financing channels for illegally issuing" wealth management products "for real estate, tripartite wealth and other industries, and were suspected of raising funds themselves and giving blood transfusions to affiliated enterprises, including Evergrande Wealth, Cizhi Wealth Company and Hongkun Wealth.

Perhaps this is Country Garden's secret financing channel, but recently, the Inter-Ministerial Joint Conference Office (located in the CSRC) sent letters to 29 provincial government offices with financial assets trading places (gold exchanges) under its jurisdiction, requesting the provincial local financial supervision bureau to immediately organize agencies of the People's Bank of China, the China Banking Regulatory Commission and the CSRC to conduct on-site inspections on the gold exchanges within its jurisdiction.

The announcement of the reorganization of the Gold Exchange seems to have given Country Garden a powerful "slap in the face". It is reported that Country Garden's wealth management products not only involve employee wealth management, but even the underlying assets of some wealth management products are not clear, whether it is compliance or risk. There are certain problems.

The rectification pointed out that "if the main responsibility of the gold exchange is compacted and there are violations of laws and regulations, it should immediately urge the rectification and standardization. If it is found that the relevant subject is suspected of illegal fund-raising and other illegal and criminal activities, it will be promptly transferred to the public security and judicial organs for investigation and punishment according to law. " Maybe this secret funding source of Country Garden will be blocked.

It is reported that Country Garden Venture Capital has developed rapidly in just over two years, which is inseparable from the professional background of the investment team. Liu Jian, managing director, once worked in creative investment in vocational secondary schools, with 65,438+04 years of experience in investment and securities. The position of senior executives may be inseparable from the help of Zhongzhi Group and the cooperation projects won by * * *.

Beijing Zhuorui Property Management Co., Ltd. is one of the subsidiaries of Zhongzhi Department, and Country Garden Asset Management is also its main customer and important strategic partner, and the relationship is self-evident.

With the gradual relaxation of the current financing environment, the reasonable financing needs of major housing enterprises are being met, and it is hoped that the financing plan of Country Garden will also be realized. After all, the collapse of major housing enterprises has no positive effect on society, but the more prosperous the industry, the greater the positive effect on employment rate.

Finally, Xiaoqiu, editor of Longhui Engineering Network, hopes that housing enterprises can successfully survive this cold winter, and the coming year will be full of foliage and flowers! Friends of Longhui Engineering Network, what do you think of financing?