Original title: Sigh!
The former "capital boss" mansion was put on the auction stage, and it lost 24 million after 6 years of holding it!
Ten billion explosions have not been repaid, and the P2P era is over
Recently, a mansion in the upper city of Shenye, Shenzhen was put on the judicial auction stage, and was quickly sold at the reserve price within one day.
A Chinese reporter from a brokerage company learned that the original owner of this mansion had a close relationship with the former P2P head platform Maverick Capital Group.
According to the public information on the Alifa auction platform, the original owner of the property with a total area of 467.19 square meters is Peng Gang.
It is understood that Peng Gang is the elder brother of Peng Tie, the actual controller of Xiaoniu Capital Group, and served as the legal representative of several companies in the Xiaoniu family.
At 10:00 a.m. on May 8, with only one person signing up, the above-mentioned properties were finally sold at the starting price.
The registered price of the property when it was purchased in 2016 was 55.3 million yuan, and the auction transaction price was 39.4 million yuan, which is equivalent to a 30% discount from the starting price of Peng Gang six years ago.
According to public information, Maverick Capital has been placed on file for investigation by the police in January 2021.
According to the Shenzhen police's announcement at the time, Peng Gang and Peng Tie brothers have been taken criminal compulsory measures, and the company and the relevant executives' stocks, bank accounts, real estate, vehicles and other assets have also been seized, seized, and frozen. As many as 1,056 properties were frozen, including 3 Shenzhen residences.
Maverick Capital, who loves to speculate in real estate
The brokerage Chinese reporter noticed that a real estate registered in Peng Gang's name was auctioned on May 8.
Judging from the auction situation, only one person signed up to participate in the auction that day. The auction started at 10:00 a.m. on May 7 and ended at 8:46 a.m. on May 8, when the first auction ended. Bidding was initiated, and the final price was 39.4 million yuan.
According to the real estate registration information published on the Alifa auction platform, this property is located in Unit A, West Building of Upper City (North District), on the northeast side of Caitian Road and Sungang West Road, Futian District, Shenzhen City, Guangdong Province, with a total area of 467.19 square meters, in 2016 It was purchased and registered under the name of Peng Gang in April, with a registered price of about 55.3 million yuan, and was seized in January 2021.
If the mortgage interest and decoration costs are not taken into account, the final transaction price of the property is 39.4 million yuan, which is equivalent to a 30% discount on the purchase price of Peng Gang in 2016, and the price difference is at least 15.9 million yuan.
The auction information shows that when Peng Gang purchased the property, he mortgaged 27.65 million yuan to the Shenzhen International Trade Branch of the Agricultural Bank of China, and there are still more than 16.74 million yuan and interest that have not been repaid. This judicial auction originated from the bank's application to the court for compulsory execution. Proceeds from the auction will be used to repay the bank's loan.
According to market estimates, if the interest cost is included, Peng Gang's loss in this house exceeds 24 million yuan.
The Shenzhen mansion auctioned this time is only the tip of the iceberg of the real estate held by Maverick Capital.
Judging from the Maverick Capital case reports issued by the police in 2021, a large part of the funds raised through the platforms of Maverick Capital Group have flowed into real estate.
In May last year, Shenzhen Nanshan Police notified Maverick Capital of the case of illegal fund-raising fraud and illegal absorption of public deposits, saying that it had frozen 663 accounts involved, recovered more than 140 million yuan, 1,056 sets of real estate, and 99.91 million shares of company equity.
Among them, 1,056 houses were seized (3 houses and 4 shops in Shenzhen, 108 houses and 858 shops in Guangzhou, 76 shops in Foshan, 6 shops in Shanghai, and 1 house in Harbin), and sealed up Heilongjiang Province. There are 2 lands in Harbin City and Hanshou County in Hunan Province (total 24037.5 square meters).
In fact, many P2P platforms have dabbled in real estate during the barbaric growth period.
At that time, the housing prices in first- and second-tier cities were all the way to success, and real estate was regarded as an investment tool for value preservation and appreciation. Many actual controllers behind P2P platforms joined the ranks of “real estate speculators”, so that when these platforms were finally seized, it was a big deal. Some of the assets are residential or commercial.
The thousands of properties seized by Maverick Capital is a typical example.
In addition, when the Qianduoduo platform (Shanghai Xusheng Financial Information Service Co., Ltd.) was placed on file, more than 350 properties were seized; Shenzhen Qianyan Financial Holdings Co., Ltd., which was placed on file in April 2019, also had a large number of properties involved in the seizure. Up to 81 sets.
The Peng brothers
From the perspective of ownership structure, Peng Tie, the younger brother of the Peng brothers, is the core figure of Maverick Capital Group. He is the actual founder and actual controller of the group; although the elder brother Peng Gang also serves as the head of several Maverick companies The legal representative, but its shareholding ratio is much smaller than that of Peng Tie.
Tianyancha information shows that Peng Tie, Peng Gang, Shanghai Bikong Longxiang Investment Management Co., Ltd., and Guangdong Zhongke Yunfu Venture Capital Co., Ltd. each hold 93.6%, 5.99%, 0.27%, and 0.14% of the equity of Maverick Capital Group.
According to the data, Peng Tie was born in a small village in Shaoyang City, Hunan Province in 1976. He is the youngest among the six siblings in his family.
At the age of 17, Peng Tie graduated from Shaoyang Normal University and entered the school to work. His first business resume that can be tested is that he once sold a school-run sports equipment factory and turned it into a profit.
It is reported that the experience of running a sports equipment factory gave Peng Tie the idea of going to sea to do business. Soon after, he went to Hunan University to study for an undergraduate degree, and after completing his degree, he went south to Shenzhen.
Since then, he has served successively as Executive Vice President of China Science and Technology Innovation Financing Guarantee Company and President of Kaisa Financial Investment Co., Ltd.
Later, Peng Tie participated in the establishment of the online lending platform Renrenjucai, responsible for the business of risk control, thus entering the P2P industry.
In June 2011, Peng Tie established Shenzhen Xiaoniu Huaxin Investment Co., Ltd.; a year later, in June 2012, Peng Tie established Shenzhen Xiaoniu Investment Management Co., Ltd.; in August 2013, Peng Tie established Maverick Capital Management Group Co., Ltd.
Peng Tie, with Xiaoniu Capital Management Group as the center, established and controlled hundreds of asset investment companies, and operated several P2P platforms such as Xiaoniu Online, Money Pot, Xiaoniu Pratt & Whitney, and Xiaoniu Private Equity (Xiaoniu New Wealth). .
Until 2018, the P2P industry has experienced continuous "storms". Under the dual pressure of regulatory requirements and the industry capital chain, online lending institutions have entered the liquidation stage.
In May 2020, Xiaoniu Online, a P2P platform under Xiaoniu Capital that has been operating for 7 years, also announced a "benign exit".
"In the past two years, the operating environment of the online lending industry has deteriorated, the investment risks of lenders and platform operating risks have increased, and the epidemic has greatly increased the uncertainty of the future. Major online lending platforms have withdrawn one after another. Mavericks decided to withdraw from the online lending industry. Gradually settle the existing online loan business." At that time, the Mavericks online announcement stated.
The P2P era has come to an end
"Benevolent exit" is easier said than done. Like many P2P platforms, Mavericks' redemption progress is very slow.
In May 2020, when Mavericks Online announced its benign exit, the total number of borrowers on the platform was 1.1671 million, and the loan balance was 10.420 billion yuan.
At the beginning of 2021, after more than half a year, Mavericks only paid 238 million yuan in redemption. Based on this calculation, the redemption ratio is only 2.28%.
While investors were desperately waiting for the funds to be paid, a police report on filing a case completely shattered the Haikou that Mavericks boasted online.
In January 2021, the Shenzhen police announced that they had taken criminal compulsory measures against 63 criminal suspects including the Peng brothers.
At the same time, a batch of stock accounts, bank accounts, real estate, vehicles and other assets of the company and related executives involved in the case have been seized, seized, and frozen.
In August of the same year, the Shenzhen Municipal People's Procuratorate issued the "Notice of the Rights and Obligations of the Victims of the Xiaoniu Capital Management Group Case", stating that six criminal suspects, including Peng Tie, Peng Gang, and Li Teli, were suspected of fundraising fraud and illegally absorbing public deposits. The criminal suspect Wang Tianwei is suspected of fund-raising fraud, and the criminal suspects Tian Dongming, Tian Chaolin, Liang Wanxi and other 20 people are suspected of illegally absorbing public deposits. Recently, the Nanshan Branch of Shenzhen Public Security Bureau has transferred the case to the procuratorate for review and prosecution.
The withdrawal of a number of institutions with online loan business as their main business, such as Maverick Capital Group, also means the official end of the P2P era.
At the end of 2018, the supervision issued the "Opinions on Doing a Good Job in the Classification and Disposal of Online Lending Institutions and Risk Prevention" (called "Document No. 175" in the market), proposing that P2P online lending institutions "can retreat, and they should pass the customs." ".
Since then, the "clearance signal" of the P2P industry has become increasingly clear.
In mid-November 2020, the number of P2P online lending institutions actually operating across the country has all returned to zero.
However, the industry's withdrawal does not mean the end, and the follow-up work of P2P risk rectification such as recovery and accountability is still ongoing.
In April this year, the leading group for the special rectification of P2P online lending risks held a teleconference on the special rectification work in 2022. It said that after several years of efforts by various localities and departments, the risk situation of P2P online lending has improved significantly, and the focus of the special rectification work has shifted to existing risks. Disposal and long-term mechanism construction.
According to reports, as of the end of 2021, the number of closed online lending institutions whose P2P stock business has not been cleared has dropped from 1,466 to 1,169, a decrease of 297 from the beginning of the year; A decrease of 323.3 billion yuan.
The meeting also emphasized that in the next step, it is necessary to strictly implement the requirements that unjust enrichment such as executive bonuses, shareholder dividends, and celebrity endorsement fees should be fully pursued, fully safeguard the legitimate rights and interests of lenders, and urge enterprises to formulate repayment plans in accordance with laws and regulations, giving priority to protection. The rights and interests of disadvantaged groups, etc.
(Broker China)