Wang Jianzhang: Walking on thin ice on the Road of Internet Financial Entrepreneurship

In 2013, my life changed dramatically, I can't predict the fate of the future, but I must summarize my past, this document to all those who have loved the online lending industry or are deeply loved.

My wife has been persuading me to go back to Zhangzhou to continue to be a teacher, I have been perfunctory she said yes, and after the company stabilized, I will go back to continue to be my teacher, and some time ago I finally told my wife the truth: there is no turning back for the online loan platform.

I used to be an online loan investor, seeing the new platform online, always subconsciously to calculate how much I invested, how much I can earn when it expires, always forget to calculate the risk of not getting the money back, with the increase in understanding of the industry, recently I have been worried, I am afraid that my own carelessness will cause a situation of losing everything, if the company goes out of business, I will hurt many families, and my own end is to go to prison to atone for my sins, so I must have a persistent heart.

But I'm scared: afraid that borrowers won't repay the loans and cause a large number of overdues; afraid that investors will not buy after the end of the company's activities, and the divestment will cause the company to shrink sharply; afraid of hacking the website and causing the website to collapse; afraid of the company's long-term losses, causing shareholders to part ways; afraid that the bank will suddenly ban xyk, causing a huge impact on our grassroots platform; afraid that the current prosperity of the website is only a superficial phenomenon; afraid that employees will cause dissatisfaction because of their departures, and spread rumors everywhere I'm even afraid of offending the big guys of third-party platforms.

The essence of the online lending platform belongs to the financial industry, and the characteristics of the financial industry are: a thousand bones will be made. This year's online loan industry competition is definitely more than last year, if you compare the current Internet finance and the large-scale online of the group buying network, the group buying website is closed, the impact is very small, there is an exit mechanism; and the collapse of the online loan platform, basically have to be prepared to go to prison. I remember in 2012 spring festival to go to Guangrong loan inspection, their boss is full of ambition, in order to win the trust of Tianyan and me, the wife and children are specially received to the company to let Tianyan take pictures, the ID card, marriage certificate are out to show, their boss looks very honest, but also very frugal a person, because of the misdirection, into the online loan industry, after all, harm others and harm themselves.

Online lending platform is actually very weak, in the face of wolf-like business partners, there is currently no exit mechanism, once opened, almost all the lives of the family will be pressed up, if you think that as long as the website issued an announcement: limit the withdrawal of cash will be finished, it is too naïve. A civilized country will eventually move toward a society under the rule of law, just as the pace of the liberalization of interest rates is unstoppable without the will of man. The Buddhists say: If you have good karma, you will get good results. Wu Shuijun, pudding and other scum of online loans are destined to be punished by the law, although I have always despised these scum, but I have always warned myself: they are my lessons, I must learn to protect my company to protect innocent investors.

Let's go back and talk about why Li Hong, the chairman of our company, is reluctant to be a legal person. The last time the online loan Tianyan came to investigate, Li Zong invited Lao Hou to dinner together, drank a glass of beer, and resolutely refused to drive, because it was illegal to drive while drunk. Our company's business and risk control core is in Li Zong, he must protect himself, can protect the company, if Li Zong's previous private lending is to make money, I can be very responsible to tell you: Now Li Zong does Guocheng Finance for the cause. A career must be profitable, but not all profitable industries can become a career (just like online loan investors make money on online lending platforms, but as an investor, don't take online loan investment as a career).

Is there any risk in Guocheng Financial? I can tell you very responsibly: Guocheng Financial is also risky.

At the moment we have no moral hazard, but we have never forgotten the risk of operation. If Guocheng Financial is a legal person by Mr. Li, it may be helpful to improve investor confidence, but if It involves Guocheng Financial because of private lending disputes, it will not be worth the loss. Mr. Li is actually making a fire barrier, in theory, the platform of Guocheng Finance has nothing to do with private lending, we are just an information publishing agency: only to achieve overall security, there is an individual sense of belonging.

To borrow a poem: A thousand sails pass by the side of the sinking boat, and the sick tree is in front of the ten thousand wood spring

We don't want to see that there are constantly sinking boats around us (investors and platforms need to be prepared to become sinking boats, which is a law that cannot be changed), what we can do is to try not to let the "boat" of "Guocheng Finance" have a downward trend; the "tree" of the online loan industry is definitely sick, but the spring of online loans will come sooner or later.

I would like to implore all participants in the online lending industry to maintain a sense of awe