Nearly 300 million yuan of deposits of Keyuan Wisdom's wholly-owned subsidiary were "inexplicably" pledged to usher in new progress!
On November 24, SPDB responded that after verification by the bank, the "reply letter of bank deposit inquiry letter at the end of 2020" received by the accountant of Keyuan Wisdom Annual Audit was not issued by the bank.
On the evening of the same day, Keyuan Wisdom replied to the inquiry letter of the Shenzhen Stock Exchange, saying that the company had not handled the pledge business at the Nantong branch of SPDB, and as of the date of this announcement, the company had not received any pledge procedures certification materials provided by the Nantong branch of SPDB. At the same time, after self-inspection, the company has no relationship with Nantong Ruihao International Trade Co., Ltd. and Chu rong (Nantong) Material Technology Co., Ltd., no transaction transactions, and is not aware of the above-mentioned bank deposit pledge behavior.
The parties involved responded
On November 24, SPDB issued a statement on its official Weibo account about the "inexplicable pledge of nearly 300 million yuan of fixed deposits". The statement said that after verification by SPDB, the "Reply Letter of Inquiry Letter for Bank Deposits at the End of 2020" received by keyuan Wisdom Annual Audit Accountant was not issued by the bank.
Source: Spgia Bank Weibo
"The Nantong branch of our bank has provided relevant evidence to the public security organs for further investigation. At present, the investigation of the case is advancing. Spgiarica Bank said in a statement.
Previously, the relevant person in charge of the Nanjing branch of SPDB had responded that the Nantong branch of SPDB and Nanjing Keyuan Smart Energy Investment Company did have a business relationship such as deposits. Recently, the company made inquiries about its deposit-related business with the Nantong branch. While carrying out the investigation, the Nantong Branch of SPDB has made a criminal report to the public security organs on November 15 and provided relevant business information.
300 million yuan of deposits were "inexplicably" pledged
On November 10, 2020, Keyuan Smart Energy, a wholly-owned subsidiary of Keyuan Smart, used temporarily idle own funds of 40 million yuan to purchase a time deposit of Nantong Branch of Shanghai Pudong Development Bank, with a maturity date of November 10, 2021. However, after the maturity of the time deposit, Keyuan Smart Energy failed to receive a deposit of 40 million yuan from the Nantong branch of SPDB.
On November 12, Keyuan Smart Energy Company entrusted relevant personnel of the company to go to the Nantong Branch of Shanghai Pudong Development Bank to understand the reasons why the 40 million yuan fixed deposit could not be paid. On the afternoon of November 12, 2021, the Nantong Branch of Shanghai Pudong Development Bank replied that the company's 40 million time deposits had been pledged by Nantong Ruihao International Trade Co., Ltd. At present, due to the failure of Nantong Ruihao International Trade Co., Ltd. to repay its debts on time, Keyuan Wisdom's 40 million yuan time deposit has not been redeemed in time.
On November 12, the Nantong Branch of SHANGHAI PUDB conducted an investigation into the business and made a criminal report to the public security organs on November 15 according to the relevant circumstances, providing relevant business information.
On November 15, Corolla also announced that the total amount of time deposits purchased by its wholly-owned subsidiary at the Nantong branch of Shanghai Pudong Development Bank was 345 million yuan. Among them, the amount that could not be redeemed at maturity was 40 million yuan, and the amount that was not expired showed to be pledged was 255 million yuan, and the company was unaware of all the above pledges, and reported the case to the police and the Jiangsu Supervision Bureau of the China Banking and Insurance Regulatory Commission on the 15th.
On November 17, the Shenzhen Stock Exchange issued a letter of concern to Keyuan Wisdom in response to the pledge of nearly 300 million yuan of deposits of Keyuan Wisdom, requesting clarification on the specific circumstances of the pledge of wealth management products.
In addition, Wang Weimin, the major shareholder of Nantong Ruihao International Trade Co., Ltd., also claimed that he and Nantong Ruihao actually had no relationship and were unaware of Nantong Ruihao's use of Keyuan Wisdom Deposit as a guarantee pledge. "Nantong Ruihao was the company I first bought for my friends, but I have never worked in the company and have never participated in any of the company's affairs. I also don't know the people of Keyuan Wisdom and Nanjing Keyuan. Wang Weimin said.
At the same time, Wang Weimin said that he did not know who the actual operator of Nantong Ruihao was now. "At the beginning, I bought it for my friend, and all the procedures were indeed handled by me in Nantong." Even if it is a proxy, the company has never passed through my hands, everything has been handed over to others, and this friend I have not contacted for several years. In addition, Wang Weimin said that he and Liu Tao, the legal representative of Nantong Ruihao, have not been in contact for a long time.
Regulatory stance
On November 24, the China Banking and Insurance Regulatory Commission (CBIRC) issued the Notice on Continuously and Deeply Doing a Good Job in the Year of Internal Control and Compliance Management construction of banking institutions, saying that all banking institutions must deeply understand that sound compliance is the bottom line requirement of commercial bank operations, continue to carry out self-examination and self-correction and repeated investigation and rectification of problems, and must have a clear understanding of prominent problems and continue to track and rectify them. It is necessary to take this year's construction year activities as an opportunity to promote "long-term standing" with "immediate reform", highlight the proportion of internal control compliance factors and positive incentives in performance appraisal, and carry out normalized internal control inspection and internal control evaluation to prevent problems before they occur.
Source: CBIRC website
The CBRC pointed out in the "Notice" that the current economic and financial environment facing the banking industry is complex and severe, some long-term accumulated contradictions and problems are concentrated and exposed, some banks are ineffective in implementing national macro policies, some banks have repeatedly investigated and repeatedly violated problems in the field of credit management, and some bank regulatory arbitrage means have been renovated, especially the recent risk events such as the pledge bill of deposit business and personal information security, which have had a bad social impact, damaged the overall reputation of the banking industry, and exposed the weak awareness of risk compliance of relevant banks. Problems such as insufficient potential risk assessment of business, lack of core management systems and control measures, and prominent moral hazard of internal employees.
"It is urgent to learn lessons, learn from each other, accelerate the remediation of management deficiencies and loopholes, and fundamentally reverse the situation of emphasizing efficiency over compliance, and internal control requirements make way for business development." The Banking and Insurance Regulatory Commission said.
In addition, the spokesman of the Banking and Insurance Regulatory Commission said in response to a reporter's question on November 19 that recently, some commercial banks and corporate customers have had disputes over the bank acceptance bill business of the certificate of deposit pledge, which has aroused widespread concern in the society. The CBRC attaches great importance to this and has immediately requested the relevant banking and insurance regulatory bureaus to form a working group to enter the bank to carry out on-site investigation. At present, the investigation is being stepped up. If the investigation finds that the bank has violated the rules, it will be severely punished and held accountable in accordance with laws and regulations. If the investigation discovers suspected illegal or criminal acts, it will be transferred to the judicial organs for handling in accordance with law. The parties involved in the case have also reported the case to the public security organs, and the investigation and handling of the case is being carried out.
Editor: Cao Shuai