The "runaway" private placement was filed by the China Securities Regulatory Commission.
According to the SFC's website:
Recently, the media reported that the actual controller of Zhejiang Ruifengda Asset Management Co., Ltd. "ran away", which attracted the attention of all parties. I will attach great importance to it, act quickly, and organize the China Securities Regulatory Bureau, the Asset Management Association and other relevant units to carry out verification.
Judging from the current situation, Ruifengda Company is suspected of a number of violations of laws and regulations, and I will decide to file a case for investigation and strictly deal with it in accordance with the law. The association has reported the situation to the public security organs and other authorities to strengthen coordination and cooperation. In the next step, we will work with relevant parties to actively and steadily promote risk disposal, maintain market order, and effectively protect the legitimate rights and interests of investors.
Further reading
Previously, according to media reports, the actual controller of the private equity Zhejiang Ruifengda Asset Management Co., Ltd. (hereinafter referred to as "Ruifengda") ran away, and the products of Ruifengda Assets could not be redeemed.
According to further investigation of relevant information, Ruifengda's products have multi-layer nesting, and the funds are invested in a number of private placements, and the bottom is invested in Hejia Tianjian (834274. NQ) and many other NEEQ stocks, from the operational point of view, are suspected to be high-level pick-ups.
Previously, according to a report by Brokerage China, it was found in Ruifengda's Shanghai office that some of the company's logos had been damaged, and many investors came to negotiate at the scene.
In addition, according to the latest news from the first financial news, the economic investigation detachment of the Shanghai Pudong Branch arrived at the scene at noon on May 9 and sealed the office of Ruifengda. The Economic Investigation Detachment of the Pudong Branch requested the investors who defended their rights on the spot to submit relevant materials to the detachment window, but the case has not yet been filed, and it will decide whether to file the case within 60 days after the preliminary review.
According to the AMAC, Ruifengda was established on October 20, 2016, registered on May 31, 2017, the actual controller is Qiu Wenlong, registered in Huzhou City, Zhejiang Province, with an office address in Pudong New Area, Shanghai, with a registered capital of 30 million yuan and a paid-in capital of 7.5 million yuan, with a total of 68 products in operation.
In terms of the subscription ratio of investors, Qiu Wenlong accounts for 80%, and Liu Licheng, the legal representative and general manager, accounts for 20%. Ruifengda's business types include private securities investment funds and private securities investment FOF funds, with a management scale of 2 billion yuan to 5 billion yuan.
According to the data of the private placement network, the performance of Ruifengda's products is quite amazing. Among them, as of April 30 this year, the net value of Ruifengda Shirui No. 1 unit, which was established on April 12, 2022, was 8.9543, with an income of 795.43% in less than two years and an annualized return of 191.25%.
Part of the content is synthesized from the official WeChat of the Securities Times, Brokerage China