The author | Liang Chunfu
Source| Mustang Finance
In 2016, actress Zhao Wei was enjoying the title of "female stock god" in the capital market, intending to "empty glove white wolf" to acquire Wanjia Culture. His husband, Huang Youlong, expanded his territory on Saipan and entered the gaming industry. Later, Zhao Wei was fined 5 years and banned from the securities market, and the news of Huang Youlong's bankruptcy loomed, and a recent debt dispute pushed the two to the front of the stage.
Recently, according to Hong Kong media reports, Huang Youlong, the businessman husband of well-known actor Zhao Wei, was sued by the creditor Wanhui Limited (hereinafter referred to as "Wanhui") for defaulting nearly HK$300 million. Huang Youlong and Kui Yufeng were listed as the first defendant and the second defendant respectively.
According to court documents, in August and October 2016, Wong lent two loans to Minnor International Finance Limited ("Minnor"), with a one-year maturity of HK$100 million and a three-month term of HK$50 million respectively, with an annualized interest rate of up to 24%. In November 2018, Minnuo transferred Huang Youlong's loan and its corresponding rights and interests to the plaintiff Wanhui.
Huang Youlong dragged on the money that should have been repaid in a year, and the interest incurred during the period was as high as HK$140 million, plus the principal and interest, totaling about HK$300 million. The guarantors of both loans were Kui Yufeng, so the plaintiff was required to pay off the relevant money together with Huang Youlong.
Kui Yufeng rarely has detailed information public, but mustang financial investigation found that behind it is implicated several capital tycoons, and he himself is a well-known cattle scatter...
<h1 class="pgc-h-arrow-right" data-track="88" > mysterious friend of the "gambling king"</h1>
Wong You Lung, a wealthy Singaporean businessman, has extensive contacts with Hong Kong's capital circle on the mainland.
After marrying actor Zhao Wei in 2009, the couple embarked on a journey of gold in the capital market, and once acquired Wanjia Culture (600576. SH) caused a storm.
The two also invested in Golden Baby Holdings (1239. HK), Shun Long Holdings (0361. HK), Alibaba Pictures (1060. HK), Yunfeng Finance (0376. HK), Tangde Film and Television (300426. SZ) and other listed companies. On October 10, 2019, Huang Youlong and Zhao Wei ranked 912th in the "2019 Hurun Rich List" with 4.5 billion yuan.
▲Mustang Financial Mapping
But Huang Youlong's lesser-known business is the gaming industry, and he has intersected with Malaysian gambling king Lam Guotai (the actual controller of Genting Singapore Group), "overseas gambling king" Yang Zhizhi and "Saipan gambling king" Ji Xiaobo.
According to the investigation of the well-known financial journalist Zhou Yuanzheng, Huang Youlong once acted as an "intermediary" to introduce Lin Guotai to Yang Zhizhi, which promoted the cooperation between the two sides to open a resort and casino project on Jeju Island in South Korea. At that time, Yang Zhizhi also gave Huang Youlong a "thank you gift" worth 100 million Hong Kong dollars.
In addition to Jeju Island, Huang Youlong also set his sights on saipan in the United States, where Huang Youlong and Ji Xiaobo had more direct business dealings.
In November 2015, UBM Pacific (1076. HK) opened a temporary casino in Saipan, and as soon as it opened, the business was booming, enlisting a large number of billionaires, capital tycoons and super brokers.
Just three months after the temporary casino was established, on 2 February 2016, Hwang Youlong's SW Holdings (00361, HK) announced that it would spend HK$236 million to acquire the Lucky Fountain Group for the Saipan plot to prepare for the construction of a hotel. Subsequently, it announced that it would lease the hotel rooms of the acquired company to UBM Pacific.
Between 2015 and 2016, Shun Long Holdings had net losses of HK$0.91 billion and HK$144 million respectively. In order to raise funds, on 11 July 2016, Shun Long Holdings issued shares to Jinhang Limited, which is controlled by Huang Youlong, and the HK$397 million raised will be used for saipan land purchase and development plans.
At the same time, Huang Youlong and Zhao Wei also planned a "snake swallowing elephant" acquisition in the mainland capital market. In December 2016, the two raised 1.5 billion yuan from the company under the "special cat meat" with their own funds of 60 million yuan, using 50 times the leverage to leverage the 3 billion Yuanjia culture, posing a challenge to market rules.
▲ Zhao Wei and Huang Youlong
The couple "snake swallowed the elephant" in the capital market on the one hand, Huang Youlong himself built a hotel on Saipan on the other hand, and Huang Youlong, who could not open the turnover, signed the aforementioned loan agreement before and after.
More than a month after committing to invest heavily in the shares of the listed company, on 29 August and 24 October 2016, Huang Youlong signed two loan agreements with Minnuo totaling HK$150 million. The guarantors of both loans were Kui Yufeng.
The friendship between Kui Yufeng and the "gambling kings" is not ordinary.
On 19 October 2020, Qi Yufeng sued His fellow northeastern compatriot Ji Xiaobo in the Hong Kong High Court to recover a HK$100 million arrears from him, in which he called Ji Xiaobo a "friend". Ji Xiaobo's girlfriend, Taiwanese entertainer Wu Peici, once came forward to "debunk rumors", saying that there was no arrears and wanted to tell Kui Yufeng back.
▲ Ji Xiaobo and Wu Peici
Twice guaranteed Huang Youlong's loan, and also lent Ji Xiaobo 100 million Hong Kong dollars, who is the mysterious friend of the "gambling king", Who is Qi Yufeng?
<h1 class="pgc-h-arrow-right" data-track="58" > intersect with a number of capital giants </h1>
There are few detailed information on Kui Yufeng in public information, and it may be possible to see a glimpse of it in many adjudication documents on the China Ruling Documents Online. Born in 1966 in Changchun, Jilin Province, Kui Yufeng is a resident of the Hong Kong Special Administrative Region.
According to industrial and commercial information, In his early years, He Yufeng worked for several companies of the "Dalian Zhongying Family", which was controlled by an industrial material processing and production enterprise called Jilin Hengxu Group Co., Ltd. (hereinafter referred to as "Jilin Hengxu").
Jilin Hengxu was founded in 1996, formerly known as Jilin Hengxu Industrial Co., Ltd., and the chairman and legal representative is named Sun Jingyi. Jilin Hengxu had a debt dispute in the early years, and by 2010, he was revoked by the industry and commerce department because he did not accept the annual inspection after the deadline, and in 2019, he was applied for bankruptcy reorganization by creditors. A number of "Dalian Zhongying" companies where Yufeng served and participated in the shares have been cancelled and revoked.
In addition to his relationship with Jilin Hengxu, Qi Yufeng also intersected with Liang Yanfeng, a Fujian real estate tycoon and chairman of Zhonggeng Group, and Sun Xishuang, the "richest man in Liaoning".
In the many adjudication documents on the China Judgment Documents Online, Liang Yanfeng and the actual holding company often appeared together as the defendants, mostly in financial loan disputes. He has also served in a number of subsidiaries of Zhonggeng Group, and is still serving as a director and supervisor of Chongqing Zhonggeng Real Estate Development Co., Ltd. and Fujian Zhonggeng Environmental Technology Co., Ltd. respectively.
In April this year, due to a loan contract dispute, Yufeng was listed as an executor with a total amount of 738 million yuan, and the applicant was Dalian Yifang Group Co., Ltd. (hereinafter referred to as "Yifang Group"), which was actually controlled by Sun Xishuang. It is worth mentioning that Kui Yufeng is also a minority shareholder of an investment company affiliated with a party group.
Sun Xishuang is Wang Jianlin's "iron brother". In the ups and downs of Wang Jianlin and Wanda's more than 30 years of commercial seas, Sun Xishuang played an important role. The group he heads was one of the first investors in Wanda's privatization, and he also took over Wanda's disk alone when the Changbaishan Tourist Resort lost money, supporting Wang Jianlin in the wind and rain.
There are also figures of Kui Yufeng in the capital market. On the List of Oriental Fortune's Cattle Scattering, Kui Yufeng is a 002739 wanda movie. SZ), Giant Network (002558. SZ) is the top ten circulating shareholders.
In 2015, Wanda Film acquired 100% of the equity of Muwei Fashion Culture Communication (Beijing) Co., Ltd. (hereinafter referred to as "Muwei Fashion") held by Four natural persons including Kui Yufeng for a transaction consideration of RMB1.2 billion, paying RMB840 million (70%) by issuing shares and RMB360 million (30%) in cash. At that time, the net assets of Muwei Fashion were only 39.8309 million yuan, and the acquisition premium exceeded 29 times.
Since then, Kui Yufeng's name has appeared in the top ten circulating shareholders of Wanda Film, and has never reduced his holdings, during which he also bought 7 million shares. Along with him on the list of Wanda Film shareholders, there is Sun Xishuang.
In addition, the person named Kui Yufeng has appeared on Shi Yuzhu's list of the top ten circulating shareholders of Giant Network since 2017, holding 19.2 million shares at a cost of 700 million yuan; in the first quarter of 2020, Qi Yufeng's name appeared in the financial report of Giant Network for the last time, and if it is all cleared out, this investment will float about 400 million yuan.
Mustang Finance contacted Huang Youlong through an account named "Dream Builder's Dragon Travels the World" on issues such as arrears of 300 million loans and contacts with Qi Yufeng, and there was no response; on the issue of 100 million loans between Qi Yufeng and Ji Xiaobo, it asked the listed company Bohua Pacific for verification, and as of press time, there was no reply.
Between the capital games, there is always the figure of the hidden big man flashing. What other mysterious rich people do you know? Welcome to leave a message to discuss.