China Fund News Chenxi
There are also central enterprise brands that have encountered criminals "touching porcelain". Recently, China Resources Group announced that some criminals fraudulently used the name of "China Resources Land" to develop the mobile program "China Resources Land CR LAND" and engaged in illegal financial activities involving virtual currency.
China Resources Group warned that any organization or individual who is fraudulently using the name of China Resources Group to carry out fraud and other illegal activities will immediately stop all illegal activities. The general public is requested to strengthen their awareness of risk prevention and prevent personal property from being damaged.
In recent years, there have been many similar acts of "porcelain-touching" state-owned enterprises and central enterprises engaging in illegal financial activities. A number of state-owned enterprises and central enterprises have issued similar statements, asking investors to be vigilant and pay attention to fraud prevention, including China Eastern, China Great Wall, China Clearing, China Commercial Aircraft, etc.
Let's see the details -
China Resources Group solemnly declares
Will not engage in any illegal financial activities
First of all, let's take a look at the statement of China Resources Group this time——
Recently, China Resources Group has received reports from the public that some criminals have developed a mobile app "CR LAND" in the name of "China Resources Land". In the mobile app, criminals carried out illegal financial activities involving virtual currencies in the name of the CR Land project. After verification by the Group, the statement is as follows:
1. At present, the Group does not have any mobile app named "CRLAND", and the Group will not engage in any illegal financial activities.
2. Once the Group is found to have committed illegal acts infringing on the legitimate rights and interests of China Resources Group and its subsidiaries in the name of China Resources Group and its subsidiaries without permission, it will resolutely protect its own rights and interests through legal channels, and solemnly warn any organization or individual who is fraudulently using the name of China Resources Group to carry out fraud and other illegal activities, and immediately stop all illegal acts.
3. The general public is requested to strengthen their awareness of risk prevention and prevent personal property from being lost. If you have suffered losses or discover relevant circumstances, please report to the public security organs immediately.
According to public information, the predecessor of China Resources was "Lianhe Bank", which was established in Hong Kong in 1938, and in 1948, Lianhe Import and Export Company was reorganized and renamed China Resources Company. In 1952, the subordinate relationship of China Resources was changed from the General Office of the Central Committee of the Communist Party of China to the Ministry of Trade of the Central Committee (now the Ministry of Commerce), and in 1983, China Resources (Group) Co., Ltd. was reorganized and established, and in December 1999, it was listed as a central management, and in 2003, it was directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council, and was listed as a key state-owned backbone enterprise.
In 2022, CR Group's total assets exceeded RMB2.3 trillion, up 13.2% from the beginning of the year, operating income was RMB818.7 billion, up 6.1% year-on-year, and net profit was RMB64.2 billion, up 6.8% year-on-year. In the 2023 Fortune Global 500 rankings, China Resources Group ranked 74th.
Eight of CR's subsidiaries are listed in Hong Kong and nine in the Mainland, among which China Resources Land, China Resources Beer, China Resources Mixc Life and China Resources Power are among the constituent stocks of Hong Kong's Hang Seng Index.
It is reported that China Resources Land is one of the powerful comprehensive real estate developers in Chinese mainland, with a presence in 84 cities including Chinese mainland, Hong Kong and London. CR Land's business covers residential, apartment, shopping mall, office building, hotel, commercial operation, property management, long-term leasing, industrial real estate, agency construction and operation, health care and other businesses, and its brands include The Mixc, The Mixc, The Mixc, Youchao, Yuefu, Oak Bay, etc.
During the year, there were many "porcelain touches"
As a well-known central enterprise in China, it is not uncommon for China Resources Group to encounter similar "porcelain encounters".
In February this year, China Resources Group issued a statement saying that some criminals fraudulently used the name of China Resources Group to establish a website and develop an APP client "China Resources Group", and carried out illegal financing by publishing high-return wealth management projects such as "China Resources C'estbon", "China Resources Land" and "China Resources Beer", as well as pension insurance. China Resources Group said that the act seriously infringed on the goodwill of the group, constituted infringement, and was a deliberate fraud, harming the public interest, and was suspected of a criminal offense.
In August this year, China Resources Group once again reported that some third-party companies and individuals fraudulently used the names of "China Resources", "China Resources Digital", "China Resources Gas" and "China Resources Medical Business" to establish websites, develop systems and platforms on their own. China Resources Group requires the relevant infringing entity to immediately stop this behavior, and must immediately take the relevant data offline and delete the relevant data in a timely manner.
In recent years, China Resources Group has repeatedly issued solemn statements on the counterfeiting of subsidiaries of state-owned enterprises, notifying the company names of "fake state-owned enterprises", and stating that it will seriously investigate the responsibility of the infringement of counterfeit state-owned enterprises and related personnel through legal channels, and effectively safeguard the legitimate rights and interests of the group. Among them, some companies have been filed and announced to revoke their registration by the relevant market supervision and administration bureau for concealing and forging the official seal of shareholders and the signature of the legal representative.
Illicit financial activities are rampant
A number of state-owned enterprises and central enterprises spoke out
In recent years, illegal financial activities have been repeatedly cracked down on by regulators, and criminals have also increased their scam methods and put on a legal "coat" for themselves in the name of state-owned enterprises. Since the beginning of this year, a number of state-owned enterprises and central enterprises have issued similar statements, asking investors to be vigilant and pay attention to fraud prevention.
In November this year, China Oriental announced that it found that criminals used apps with names and appearances that were highly similar to their company's corporate names, trademarks and image logos to recommend investment projects to the public, or claimed that China Oriental was responsible for fulfilling the obligation to return some of the funds that could not be retrieved due to fraud.
Similarly, in September this year, China Great Wall also issued a statement saying that its company received reports from relevant departments that some criminals were suspected of engaging in fraud and other illegal acts by forging company seals and related materials to conduct business with relevant investors. China Great Wall stated that it had never set up a similar online trading platform such as the "Great Wall Asset Management Debt Exchange", had not developed or set up a relevant app, and had not issued any wealth management products.
In July this year, China Securities Depository and Clearing Corporation Limited said in a statement that some criminals fraudulently used the name of ChinaClear to induce investors to download untrusted apps called "Service Center" and "ChinaClear Online", impersonated ChinaClear employees and forged company seals and documents, and falsely claimed to "clear tuition fees" through "investment securities appreciation and cashback", and tricked the public into transferring money to commit fraud.
In June this year, China Development Bank Infrastructure Fund Co., Ltd., a wholly-owned subsidiary of China Development Bank, issued a statement saying that it had noticed that criminals had used the Internet and mobile terminals to disseminate a financial management app called "China Development Bank Infrastructure" and fraudulently used the company's name to carry out illegal financial activities. CDB Infrastructure Fund said it strongly condemns such online fraud and has complained to the relevant regulatory authorities.
In June this year, Commercial Aircraft Corporation of China (COMAC) stated that some criminals had recently developed an App called "Big Aircraft" by impersonating COMAC, and released false investment and wealth management projects such as "COMAC Small Options", "COMAC Share Options", "ARJ21 Private Equity Fund", "C919 Private Equity Fund" and "CR929 Small Fund". Investors are advised to be vigilant, cautious and vigilant to prevent fraud.
The Central Financial Work Conference stressed the need to comprehensively strengthen financial supervision and control, effectively prevent and defuse financial risks, strictly enforce the law, dare to show the sword, and severely crack down on illegal financial activities. The Central Economic Work Conference also mentioned that it is necessary to coordinate and resolve risks such as real estate, local debt, and small and medium-sized financial institutions, and severely crack down on illegal financial activities.
On December 14, according to the website of the State Administration of Financial Regulation, the Bureau of Combating Illegal Financial Activities of the State Administration of Financial Supervision and the Department of Advertising Supervision and Administration of the State Administration for Market Regulation recently held a signing ceremony for the "Framework Agreement on Strengthening the Monitoring and Disposal of Illegal Financial Advertising Information". The two sides will strengthen cooperation in monitoring and early warning, joint research and judgment, administrative guidance, anti-Africa publicity, and mechanism building, promote the prevention of illegal activities and advertising supervision in the same direction, and work together to block the channels for the dissemination of information on illegal financial activities, so as to effectively protect the people's "money bags".
Editor: Huang Mei
Review: Muyu