"Everyone voted" appears "bad": part of the project revealed financial fraud-Internet lending, bad-IT information
After going through two decades of rapid development, and Beijing all partner network technology limited (hereinafter "everyone voted") bottlenecks first. According to the national credit information publicity system displays all cast was founded on March 24, 2014 Corporation Chen Wanqiang artificially. In all company's official website, the company's development process has the following description: all investment is a private equity financing platforms, consumer trades in the domestic entity, the oldest, most users, the fastest-growing and largest.
Data also said that by the end of 2015, everyone voted successfully raised nearly 300 projects, with more than 2.7 million registered investors, and 9.8 billion yuan appointments raise amount. 14 months reached 700 million Yuan raised the amount market value exceeded 1 billion yuan, an increase of more than 10 times.
However, in Beijing for all user Wei Zhang (not his real name), all investment is declining.
"Before, all cast a line for financing projects, is almost the ' seconds ', and no hands. However, recent projects, full financing for longer and longer. "Wei Zhang said in an interview, all by the investment and finance project does have a number of good, but as the platform expansion, project in ever increasing numbers, many began to consider withdrawing from the senior user.
Everyone vote for Chairman Zheng Lin said in an interview with this reporter, "the raised area is the early stages of development, appropriate policies at the national level is unclear, causing most investors to raise understanding survivorship bias. Irrational investors think they should breakeven baoxi, no money should be given to the principal, not project as a platform, so everyone vote platform has always been to protect the interests of investors in various ways (reducing investor losses). ”
Personal finance or equity to raise?
Wei Zhang case told journalists to "Yi cheng Kee Hong Kong-style restaurant" financing of projects. According to the cast for all the publicity information, Cheng Kee Catering Management Limited was founded in 2004, is a trans-regional operation of large restaurant chains. Operates, including Cheng Kee Hong Kong-style restaurant of the four brands in the country to operate Hong Kong-style restaurants and Hangzhou cuisine. Financing of the project time is January 1, 2016, financing amounting to 1.4 million Yuan. However, this reporter registered and view financial information, the project is expected to open on September 8, 2015, expected profit of 1.4 million Yuan for the first year. Project 1:4 of funding and investors, minimum investment amounts to 28000.
After Yi cheng Kee Hong Kong-style restaurant opened, problems begin to emerge.
Wei Zhang provided the reporter with a financial statistical report shows except for December 2016 restaurant 25608 and 27145 Yuan in net profit, each shareholder to nearly 100 Yuan of dividends in addition to all the rest is red. 12962 March loss April losses 23048.
Especially important is that have equity raising success of Yi-cheng Kee Hong Kong-style restaurant still maintain individual licenses. Wei Zhang believes that since the raising of equity in their physical stores, it should be carried out in a partnership registration. But so far, finance funds already allocated finance for as long as six months, the project is always in the form of individual management unconvincing.
Reporters saw on the original contract provided by Wei Zhang, which labeled as "establishing Cheng Kee Hong Kong-style restaurant in xuyi County, suning Plaza chip shop" on the agreement, clearly marked as "partnership (a limited partnership) of the partnership agreement." But the strange thing is, the date of signing of the agreement did not mark. And, according to Wei Zhang revealed that none of his other project agreements were also involved in the investment date.
The foregoing research told the newspaper that if delegates holding pattern, raising shareholders ' names will not be reflected in the industrial and commercial registration, shareholders will only show real name names. Although legally recognized the legitimacy of delegates holding, but also need to prove that all the shareholders delegate raised the real shareholders. This trust relationship, are raising internal agreement between shareholders shareholders and real name.
However, Wei Zhang denied the judgment. He said, registered principal and partnerships of trust agreements is to establish partnerships, may delegate ownership does not exist. Wei Zhang, said they had repeatedly urged the project partners to register, but every project to "Commerce departments procrastination" backwards on the delay.
For the project, Zheng Lin said in an interview with this reporter, since June 6, 2015 open date, and project manager to communicate at this stage, the current project does not default. Stage of the project is up and running now, because only in August 2016 to the buy-back period of the project, now has friendly and project communication, due to repurchase the investor equity.
Financial expense 100,000 1.28 million?
Most Baoding investors Zhang Lin (not his real name) cannot understand why in Handan "Yi Bai hotel trade Street" project.
Cast official website for all project information, Handan, Hebei Le Yi Bai hotel is a hotel management company will establish strategic cooperation with Yi Bai hotels development in Hebei Yi Bai hotel business.
The project on the ground there are two shops, namely Yi Bai hotel (Handan Branch) and Bai hotel trade Street. Investor activist group, we call the former Handan Yi Bai 1, Handan, which Yi Bai 2.
According to Zhang Lin introduced the project financing shortly after a problem has occurred in the context of financial expenditure.
Zhang Lin and other investors provided the reporter with a financial expense on the show, named "Yan led an" account as a payment through the electronic banking in Handan on May 5, 2015 and June 18 to another payee account to pay Wang 587,600 and 700,000 yuan. Investor inquiries accounts receivable amount is 50,000 yuan. That is in the middle of the gap between financial expenditure was 1,187,620 Yuan.
Investors said shortly after the incident, Handan city Yi Bai arrogant handsome hotel management company sent a letter to each investor. Said in the letter, found in Handan trade Street project is improper use of the instrument, but have not yet found misuse of funds management and pockets of the plot, these illegal operations mainly in order to speed up the progress, mainly because there is progress and the investment and allocation of funds for all a time gap.
The letter also said that if investors withdraw, will 100% a full withdrawal, and to give investors a share of 2000 Yuan as compensation. If you do not withdraw, in addition to giving investors compensation of 2000 Yuan per share, the company management unit will no longer charge. In addition, does not require shareholders to 2000 Yuan per share cash back equivalent shares, according to 3000 Yuan \/shares shares shares.
However, it has not ended.
Investors soon found in the next financial expenditure reports, no exit of investor money was used to cover the exit of the principal and compensation, amounting to 1.4359 million Yuan.
Zhang Lin provided to reporters by the theme "fourth loan public and urge investors to vote", inscribed as "Zhang Liang-everyone vote" program announcements, had already done this 3 times used applications, of which the third paragraph apply 1.4359 million was returned to investors, notes is not needed.
Zhang Lin told reporters that the funding has not informed investors for the third time, is everyone voted for private ownership. Because of this, the fourth allocation 13 when investors made it clear that a vote against, but still failed to halt all voted to continue funding.
Vote showed Zhang Lin told journalists, when voted in favour of the personnel for 30, voted for 13, a total of 43. However, Zhang Lin, then 30 in favour, 6 man and Yi Bai hotel staff, and investors who choose to remain silent by default for an affirmative vote.
Zhang Lin further revealed that at present, the project is in a shutdown state, everyone voted keep waiting for the start, but the project has basically does not appear in the group.
Expansion of radical?
"The project was able to understand a problem occurs occasionally, investment risks, after all. But I invested in 11 projects, 5 problem occurs, this is likely problem? "Investors in Guangzhou Wang bin (not his real name) said that the project has begun to lose influence on everyone vote for the financing of new projects.
Reporter everyone voted the official website found that latest issue called "in the shadow of Ted flowers star studios in Lianjiang branch 1" halfway through the period of project financing, financing schedule for 2%, "in the shadow of Ted flowers star studios in Lianjiang branch 2" financial progress is 0. In addition, the "growing Gulf children's occupational experience" 1 day 7 hours before the end of the financing, but progress in financing for 27%.
"Does not rule out the effects of these factors, but individual projects need to treat," industry research pointed out in an interview with this reporter, equity raising exit mechanism is not perfect, experienced investors take advantage of exiting is also possible, but under the influence of specific industry, geographic location and other factors, failure of project financing is normal.
Zheng Lin told reporters as of March 31, 2016 latest statistical calculations, all investment and determine the number of bad items for 11. Project number is 293 of the platform, that is to say, bad debt rate is about 3%.
However, in this regard, investors did not agree. Wei Zhang, bad item definition is debatable. "If the project is run, only 3%. But financial fraud, fictitious spending counted as the ' bad '? To the buy-back period for a drag-and-drop counted as ' bad debts '...... "
Reporter further understands that this project "bad" definition led to activist investors have been troubled. Wei Zhang, if only to define whether bad loans from running or not, most investors only in deep "and".
In addition, due diligence investigation in high publicity before financing income, perfunctory, wind control link is not rigorous is also criticized by many investors.
In the interview with the reporter, everyone voted says, not higher-yielding projects do not exist, but very few in number. And is based on a past project performance the project estimates, not promises. In addition, the mechanism for treatment of project loans have been issued and inform the project investor.
In interviews, some investors say, Zheng Lin is a person who can do things.
Wei Zhang told the newspaper, everyone voted on the problem may be that two years was too aggressive. "Before there are a number of good projects, but by joining the establishment-station mode, is a bit of a mess. ”
Users voted for all of the foregoing is senior Guangzhou Wang bin said, everyone voted in various locations-station, sub-station used to pay "franchise fee", then according to the Commission of the project platform partitioning. This way leads to the local station quantity over quality, quality platform project is not surprising.
Reporter everyone voted the official website found that currently all have opened its substation in 36 provinces and regions of the country. Search the Tencent QQ chat for everyone to vote, appeared around the station group it more.
In this regard, Zheng Lin, told reporters that "everyone vote all over the country there are about 120, responsible for projects and financial management with the terminus is responsible for risk control, project launch and promotion. Sub-station on the different commissions are not the same, all successful financing of investment income is 5%, of which 2.5%~4% to the station. ”
On the setting up of standing and whether the sharing model mentioned above quantity over quality, and other potential risks that may exist, Zheng Lin believes that risk must be some, no company can do nothing without risk, but all investment and risk control at Headquarters hands instead of standing.
“人人投”出现“坏账”：部分项目被曝财务造假 - 网络借贷,坏账 - IT资讯
在经历两年的高速发展之后，北京人人投网络科技有限公司(以下简称“人人投”)瓶颈初显。根据全国企业信用信息公示系统显示，人人投成立于2014年3月24日，公司法人为陈万强。在人人投公司官网，对公司发展历程有如下描述：人人投是一家非公开股权融资平台，在国内实体大消费行业中，成立最早，用户最多，增长最快，规模最大。
资料中还称，截至2015年底，人人投成功众筹近300个项目，拥有270万登记投资者，98亿元预约众筹金额。14个月完成7亿元众筹金额，市场估值突破10亿元，增长超过10倍。
不过，在人人投北京用户张巍(化名)看来，人人投正在走下坡路。
“之前，人人投的融资项目一上线，几乎就是‘秒满’，根本抢不到手。可是最近的项目，筹资满额时间越来越长。”张巍在接受记者采访时称，之前人人投确实有一批不错的融资项目，但是随着平台扩张，问题项目数量在递增，许多资深用户开始考虑退出。
人人投董事长郑林在接受本报记者采访时称，“众筹领域是发展初期，国家层面相应政策尚不明朗，造成大部分投资者对众筹理解尚存偏差。非理性投资者觉得就应该保本保息，不赚钱就应该给本金，项目方不作为就应该平台负责，所以人人投平台一直是通过各种方式来维护投资人的利益(减少投资人的损失)。”
个人融资还是股权众筹？
张巍向本报记者提供的案例是一家名为“盱眙诚记港式餐厅”的融资项目。根据人人投公示信息，诚记餐饮管理有限公司创立于2004年，是跨地域经营的大型餐饮连锁企业。旗下有包含诚记港式餐厅在内的四大品牌，在国内，以经营港式餐厅及杭帮菜为主。该项目融资成功时间为2016年1月1日，融资金额为140万元。不过，本报记者经过注册并查看融资信息看到，该项目预期开业时间为2015年9月8日，第一年预计盈利140万元。其中项目方和投资人的出资比例为1：4，个人最低投资金额为28000元。
在盱眙诚记港式餐厅开业之后，相关问题开始凸显。
张巍向本报记者提供的一份财务统计报表显示，除了2016年一二月餐厅净利润为25608元和27145元，每位股东分到接近100元的分红之外，其余全是亏损。3月份亏损12962元，4月份亏损23048元。
尤为重要的是，已经股权众筹成功的盱眙诚记港式餐厅目前仍保持个体工商户的经营执照。张巍认为，既然是股权众筹的实体店铺，那就应当以合伙企业进行注册登记。而截至目前为止，融资资金早已拨付融资方半年之久，项目方却始终以个体形式经营难以服众。
在张巍提供的合同原件上记者看到，这份标注为“关于设立诚记港式餐厅盱眙苏宁生活广场众筹店”的协议上，明确标注为“合伙企业(有限合伙)之合伙协议”。不过奇怪的是，该协议并未标注签订日期。而且根据张巍透露，他参与投资的其他项目协议也均未标注日期。
前述研究人士告诉本报记者，如果是委托持股模式，众筹股东的名字不会在工商登记里体现，只会显示实名股东的名字。尽管法律认可委托持股的合法性，但是还需要证明众筹股东有委托过实名股东。这种委托关系，是众筹股东和实名股东之间的内部约定。
不过，张巍否认了上述判断。他说，当初的注册委托和合伙委托协议就是为了建立合伙企业，并不存在委托持股的可能。张巍表示，他们曾多次催项目方进行合伙人登记，但是每次都被项目方以“工商部门办事拖沓”为由向后延迟。
针对该项目，郑林在接受本报记者采访时表示，自2015年6月6日营业至今，现阶段经过和项目经理沟通，目前项目方并未出现违约情况。现在该项目是正常运营阶段，因为该项目到2016年8月才到回购期，现在已经和项目方友好沟通情况，到期会对投资人股权进行回购。
财务支出10万变128万？
最让保定投资者张霖(化名)不能理解的是位于邯郸的“易佰酒店贸易街店”项目。
人人投官网项目资料显示，邯郸易佰酒店是由河北乐创酒店管理有限公司与易佰酒店集团达成战略合作开发运营河北地区易佰连锁旅店业务之一。
该项目在邯郸地区共有两个店铺，分别为易佰酒店(邯郸店)和易佰酒店贸易街店。在投资者维权群里，大家称前者为邯郸易佰1期，后者为邯郸易佰2期。
根据张霖介绍，上述项目在融资之后不久财务支出方面就出现了问题。
张霖等投资者向本报记者提供的一份财务支出单上显示，一个名为“闫领安”的账号作为付款人通过邯郸电子银行分别于2015年5月5日和6月18日向另外一位收款人王某账号支付58.76万元和70万元。而投资者查询的收账真实额度却均为5万元。也就是说，中间的财务支出金额差距为118.7620万元。
投资者称，事发后不久邯郸市易佰骄帅酒店管理公司就发出了对每位投资人的致歉信。信中称，发现邯郸贸易街店项目确有使用不当的票据，但是尚未发现管理层有挪用款项及中饱私囊的情节，上述违规操作主要是为了加快申请用款进度，主要原因是工程进度与人人投资金拨付存在时间差。
该信件还称，若投资人退股，将100%全额退股，并给予投资人每股2000元作为补偿。如果不退股，则除给予投资人每股2000元的补偿外，公司管理股将不再收取。另外，不需要返现的股东可将每股2000元折合股份，按照3000元\/股的股份入股。
然而，事情并未至此结束。
投资者很快在接下来的财务支出报告中发现，未退出的投资者资金被用于支付已退出者的本金及补偿款，金额达143.59万元。
张霖向本报记者提供的主题为“第四次放款公示，请各位投资人投票”，落款人为“张亮——人人投”的项目群公告显示，此前已经做过3次用款申请，其中第三次用款申请143.59万元是退给投资人的，不需要提供票据。
张霖告诉记者，第三次拨款并未通知投资者，是人人投方面私自作主。正因为这样，第四次拨款投票时有13名投资者明确表示反对，但是仍未能阻止人人投继续拨款。
张霖向本报记者提供的投票情况显示，当时投赞成票的人员为30名，反对票为13名，共计43名。不过，张霖称，当时的30名赞成票中，有6名为人人投和易佰酒店的工作人员，而且当时选择沉默的投资者一律默认为赞成票。
张霖进一步透露称，目前该项目处于停工状态，人人投方面一直让等待开工，但是项目方已经基本不在群里露面。
扩张激进？
“偶尔出现一次问题项目还能理解，投资毕竟有风险。但是我投资11个项目，5个都出现问题，这还算几率问题吗？”广州投资者王斌(化名)认为，过多的问题项目已经开始逐渐影响人人投新项目的融资。
本报记者在人人投官网发现，最近一期名为“中影泰得花星影城廉江店1”的项目融资期限已经过半，融资进度为2%，“中影泰得花星影城廉江店2”的融资进度是0。此外，“成长湾儿童职业体验馆”距离融资结束还有1天零7小时，但是融资进度为27%。
“不排除受上述因素的影响，但是个别项目也要个别对待，”业内研究人士在接受本报记者采访时指出，股权众筹目前退出机制并不完善，比较资深的投资者顺势退出也有可能，但是受具体行业、地理位置等因素的影响，项目融资失败也很正常。
郑林对记者表示，截至2016年3月31日最新统计计算，人人投确定的坏账项目数量为11个。平台项目总数量为293个，也就是说，坏账率在3%左右。
不过，对此，投资者并不认同。在张巍看来，坏账项目的界定尚存争议。“如果按照跑路的项目算，可能只有3%。但是财务造假、虚构支出算不算‘坏账’项目？到回购期之后一拖再拖算不算‘坏账’项目……”
本报记者进一步了解到，正是上述项目“坏账”界定争议导致投资者维权一度陷入僵局。在张巍看来，如果仅从跑路与否来界定是否坏账，大部分投资者就只能深陷“拖和等”之中。
此外，在融资前宣传高收益、尽职调查敷衍、风控环节不严谨等也为诸多投资者所诟病。
在接受本报记者采访时，人人投方面称，收益较高的项目不是不存在，但是数量极少。而且是基于项目方过往项目表现的一种估计，并非承诺。此外，对于项目坏账的处理机制已经进行出具并告知项目投资人。
在采访中，部分投资者认为，郑林是个能做事的人。
张巍告诉本报记者，人人投的问题可能在于这两年过于激进上。“之前确实有一批好的项目，但是目前采用加盟设立分站模式之后，就有点乱。”
前述较为资深的人人投广州用户王斌称，人人投目前在各地设立分站，分站采用先交“加盟费”，而后再根据项目获得平台佣金的分成。这样一来就会导致各地方站重量不重质，平台项目质量下降并不奇怪。
本报记者在人人投官网发现，目前人人投已经在全国36个省市地区开设分站。而在腾讯QQ聊天中搜索人人投，出现的各地分站群则更多。
对此，郑林对记者表示，“人人投全国各地分站大概有120家，分站负责找项目、做融后管理，而总站负责风控、项目上线和推广。关于级别不同的分站提成不一样，人人投的总收入是成功融资额的5%，其中2.5%~4%再给各分站。”
对于设立分站以及上述分成模式是否可能存在重量不重质等潜在风险问题，郑林认为，风险一定是有的，任何一家公司都做不到没有风险，但是人人投的风控掌握在总部手里而不是分站。