Bao Fan is missing, and there are no more "three friends of the cold years" in the rivers and lakes?

On the evening of February 16, China Renaissance Capital Holdings announced on the Hong Kong Stock Exchange that it was unable to contact Bao Fan, the founder and chairman of China Renaissance Capital, and the group's current operations remained normal.

According to the Science and Technology Innovation Board Daily, an investor close to Bao Fan said that Bao Fan was still on WeChat with him on February 7, "I consulted a few days ago, and the phone was turned off just now." The person said that Bao Fan's disappearance may be related to the fact that Jungle Jungle, president of China Renaissance Capital and former chairman of China Renaissance Securities (Hong Kong), was taken away by relevant authorities a few months ago and "cooperated with the investigation."

It is reported that public channels show that Bao Fan's last appearance was in early December 2022, when he attended the 2022 Future Science Award Ceremony.

The latest news of its WeChat moments is still stuck on January 9.

It is worth noting that just a few days ago, the directors and supervisors of Huaxing Securities "exchanged blood" in a large area; Jungle "stepped down" as chairman of Huaxing Securities, and general manager Xiang Wei acted as chairman of the board.

According to titanium media, according to relevant sources close to China Renaissance Capital, Bao Fan's disappearance was mainly related to the illegal operation of the former president of China Renaissance Capital Holding Group in the ship leasing business, and Bao Fan was taken away for cooperating with the investigation.

As of press time, China Renaissance Capital's share price has fallen 26.5%, the lowest price since the company's Hong Kong stock listing. The market value lost HK$1.5 billion in half a day.

A capital lady with a grandeur of the rivers and lakes

Bao Fan was born into a family of diplomats. It is said that when he was a child, he was often bullied because of his thinness, and later he was pulled by his family to learn boxing, and gradually developed a fighting and aggressive charity. I also often fight and write reviews at school.

It is said that he has been righteous since he was a child, and will use the money from the resale of duty-free goods to invite friends to eat and drink. At the age of 16, he went to Tibet from Beijing with a group of friends.

Prior to founding China Renaissance Capital, Bao worked at Morgan Stanley and Credit Suisse, and spent 7 years in Wall Street investment banking, providing capital raising, bank loans, mergers and acquisitions and restructuring services to several leading multinational corporations.

Fan Bao joined AsiaInfo Group in 2000 as Chief Strategy Officer.

In 2004, Bao founded China Renaissance Capital Group.

After more than ten years of development, China Renaissance Capital Group is a leading comprehensive financial service institution covering investment management, private equity financing, mergers and acquisitions, securities issuance and underwriting, securities research and trading, wealth management and other services.

In 2018, China Renaissance Capital Holdings Limited was listed on the Hong Kong Stock Exchange.

The financing projects he has participated in include: Mobike, Uxin, Didi Chuxing, Tantan, Flight Manager, Douyu, Meituan, JD Finance, Tuhu Car Maintenance, Luoji Thinking, Tujia, JD.com, etc.

The M&A projects he has participated in include: Le Tuo Games, Guangguang Media & Maoyan, Dada & JD Dajia, Youku & Tudou.com, Meituan & Dianping, 58.com & Catch.com, Didi & Kuaidi, Tencent & JD.com, AsiaInfo, Baidu & PPS.

Later, Bao Fan brought his love of making friends and morality to the workplace. Everyone in the company called him Boss Bao.

Bao Fan once told employees: "The brothers and sisters who mix with me are the best in the industry, the house is the biggest, the car is the best, and the children can go to the best schools, so I have a lot of face." ”

Bao Fan likes to make friends with people who "smell like", and will also consider friends. This makes him a good person in the investment circle.

Talking about his jianghu gas, many people will mention his investment story in Liu Qiangdong, who is also jianghu gas.

It is said that in 2008, Bao Fan met Liu Qiangdong at a dinner, and the two had a good conversation, Bao Fan thought that "Lao Liu is a very quack-and-lake person, and I am also a very quack-and-lake person. ”

Later, JD.com's financing and IPO have always had China Renaissance Capital and Bao Fan. Liu Qiangdong also personally posted a message thanking Bao Fan.

Drinking to participate in the meeting and making friends, Bao Fan, who is quack-and-lake, has precipitated deep connections. This advantage is particularly prominent in the mergers and acquisitions that led to the Internet, which is also one of Huaxing's highlight moments.

In 2015, Bao Fan facilitated the merger of Didi Kuaidi, Meituan Dianping, and 58 Rush Collection. The fierce competitor quickly shook hands and made peace under Bao Fan's matchmaking.

Of the three mergers and acquisitions, Didi Kuaidi took 21 days, 58 took six weeks to catch up, and Meituan Dianping took two weeks. So Bao Fan also has the nickname "Capital Lady".

Of course, these are all a corner of the brilliant performance of Bao Fan and China Renaissance Capital.

On March 30, 2022, China Renaissance Capital disclosed its 2021 annual report. During the Reporting Period, the Group achieved a total revenue of RMB1.744 billion, total income and net investment income of RMB2.504 billion, a slight decrease of 8.31% year-on-year. The net profit was 1.624 billion yuan, a year-on-year increase of 56.5%.

Bao Fan is missing or jungle related

Jungle joined China Renaissance in 2020 as President of China Renaissance Capital Holdings Group and Chairman of China Renaissance Securities (Hong Kong), mainly responsible for the development and management of investment banking business.

Jungle has a strong banking background and has worked in the banking industry for many years.

In 1990, he joined Industrial and Commercial Bank of China and successively worked in the credit department, business department and international business department of the head office, with rich experience in commercial banking and investment banking. In 1998, he joined ICEA Financial Holdings Co., Ltd. and successively served as the chief representative of the Beijing representative office and vice president of the company. In November 2007, he joined ICBC Financial Leasing Co., Ltd. as Executive Director and President. In 2016, he served as Chairman and Chief Executive Officer of ICBC International Holdings Limited.

During the ICBC International period, the jungle and Huaxing had an important intersection.

According to reports, in October 2017, ICBC Leasing approved a US$200 million loan to China Renaissance Capital, secured by China Renaissance Capital's shares.

Later, after China Renaissance Capital was listed on the main board of the Hong Kong Stock Exchange in 2018, China Renaissance Capital repaid the loan. At Huaxing's bell-ringing ceremony, the jungle was also invited to the scene.

Soon after, Jungle was invited to join Huaxing.

In September 2022, the jungle was reportedly taken away by authorities for investigation. A few days ago, the directors and supervisors of Huaxing Securities "changed blood" in a large area, and the biggest change was the stepping down of the chairman of Huaxing Securities.

According to titanium media reports, according to relevant sources close to China Renaissance Capital, Bao Fan's disappearance was mainly related to the illegal operation of the former president of China Renaissance Capital Holding Group in the ship leasing business, and Bao Fan was taken away for cooperating with the investigation.

At present, China Renaissance Capital has not given a specific reason for Bao Fan's disappearance, but the announcement said that "further announcements will be made in due course".

Bao Fan is missing, and there is one less person in the three friends of the old cold

There is a saying circulating in venture capital circles, "Whenever winter comes, there will be: Comrade Zhang Ying's internal speech flows out, Comrade Wang Ran posts to follow, and Comrade Bao Fan's concluding statement... Other comrades silently forwarded. ”

Therefore, Bao Fan, Jingwei Zhang Ying, Yi Kai Wang Ran are known as the three friends of Sui Han. They like to share investment advice and opinions, and many entrepreneurs report that they still have gained.

China Renaissance Capital has even been called "the largest intelligence agency in the industry." In fact, as an investment boss, Bao Fan still has many investment views worth referring to and learning.

2004 was the first wave of Internet listings in China. Bao Fan founded China Renaissance Capital, mainly to be a financing consultant, to connect capital and enterprises, and catch up with the rapid development of the Internet.

Bao Fan focuses on the Internet field and becomes a rising star in the capital market. 10 years ago, Bao Fan looked at the project with three criteria: whether things were promising and developing; whether you have a strong team; Whether people and things match.

In that reckless era of rapid development of the Internet, looking at projects was more about people, and this was a major advantage of Bao Fan.

Bao Fan has also made many miraculous predictions, which have been verified by the market. For example, in 2010, it was judged that the return of Chinese concept stocks to Hong Kong/A would become an inevitable trend; In 2015, he proposed that "as long as it is model innovation, it cannot escape BAT"...

10 years later, with the changes in the market and financial environment, the three criteria for looking at projects have also become whether they are suitable for the environment; whether it is beneficial to society; Whether the governance model of the project is in line with China's current incentive model.

He said that the value creation in the next decade will be very different, the past 10 years are mainly around the mobile Internet, and the future is more driven by technological innovation.

He also pointed out that the three major opportunities in the next era are: intelligent economy, the reconstruction of the global industrial chain and supply chain, and the change of consumption structure.

And before Wang Ran's Weibo was banned and could not be searched, plus this time Bao Fan lost contact, there are no more three friends in the rivers and lakes?