Midea is suspected of shorting He Xiangjian and his son's 180 billion empire surfaced
Nothing new under the sunshine". An unprecedented stock market "maintaining stability" caused by the continuous sharp drop in A-shares not only caused home appliance tycoon Midea Group's young owner to be involved in the short selling vortex, but also caused its founder He Xiangjian and his son to float in the financial empire Out of the water.
Nothing new under the sun".A sharesThe unprecedented stock market "maintaining stability" caused by the continuous sharp drop not only makes home appliance tycoonsBeautifulGroup's few ownersInvolvedShortThe vortex also brought the financial empire of its founder He Xiangjian and his son to the surface.
On July 31, the Shanghai and Shenzhen Stock Exchanges successively disclosed a list of 34 accounts that were restricted from trading. Yesterday, the Shanghai Stock Exchange issued another notice stating that it had taken measures to suspend trading for 4 accounts with serious abnormal trading behaviors, and for 5 accounts with Accounts with abnormal trading behaviors have given verbal warnings.
Among the first 34 restricted lists, multiple accounts were related to Yingfeng Capital Management Co., Ltd. (hereinafter referred to as "Yingfeng Capital"). That night, Yingfeng Capital issued an announcement admitting that its four quantitative hedge fund accounts were restricted from trading. .
It is worth noting that the major shareholder of Yingfeng Capital is He Jianfeng, the son of He Xiangjian, the actual controller of Midea Group. The information obtained by the First Financial Daily shows that, including Yingfeng Capital, the financial tentacles of He Xiangjian and his son have been extended to banks. , securities companies, funds, venture capital and other five major fields, involving 2 public funds, 6 commercial banks and 1 brokerage firm. If calculated based on the shareholding ratio, the controlled financial assets have exceeded 180 billion yuan.
Short selling cloud
According to the China Securities Regulatory Commission, there are 4 quantitative hedge funds involved in Yingfeng Capital, namely Yingfeng Yingbao Hedge Fund, Yingfeng Wutong Quantitative Hedge Fund, Shenzhen Yingfeng Quantitative Investment Management Partnership (Limited Partnership), Shanghai New Equation Equation Equation Investment Management Co., Ltd. - New Equation Yingfeng Quantitative Hedge Fund.
On the evening of July 31, Yingfeng Capital issued an announcement, acknowledging that the above four quantitative hedge funds' securities accounts were restricted by the Shenzhen Stock Exchange and Shanghai Stock Exchange. It also stated that the company is actively cooperating with the regulatory authorities to conduct trading strategies and trading situations of the above products. Investigation and verification.
According to an insider, Dayu, the accounts of the above four funds of Yingfeng Capital were all opened in Guosen Futures. On August 2, the reporter called relevant people of Guosen Futures several times to learn more about the details, but the other party Not disclosed.
In the announcement, Yingfeng Capital did not explain the specific situation of the above fund, nor did it disclose the fundraising scale. Yesterday, the First Financial Daily was larger than calling several relevant people from the company and no one answered the call. "This is a very good company." The company with the origin has shareholders of Midea Group, so don’t think they are small companies.” Shenzhen futures industry insiders told the First Financial Daily that although it was not well-known before, Yingfeng’s capital strength should not be underestimated.
According to the information of Yingfeng Capital website, in 2012, its shareholders merged its private equity fund Heying Investment and Yingfeng Venture Capital to establish a comprehensive asset management company - Yingfeng Capital. The company is registered in Qianhai, Shenzhen and has a securities investment fund under it. ,There are 22 PE investment funds, with nearly 5 billion yuan in assets under management.
According to Shenzhen Credit Network information, Yingfeng Capital was established in January 2013 with a registered capital of 50 million yuan. The chairman is He Jianfeng, the legal representative, the general manager is Yang Li, the shareholders are Yang Li and other seven natural persons, and Ying Feng Investment Holding Group Co., Ltd. (hereinafter referred to as "Yingfeng Holdings"). Among them, Yingfeng Holdings invested 31 million yuan and held 62% of the shares.
Yingfeng Holdings' registered capital is 800 million yuan, and the shareholder is He Jianfeng, Foshan Yingfeng Trading Co., Ltd. (hereinafter referred to as "Yingfeng Trading"), and He Jianfeng is the legal representative. Yingfeng Trading's registered capital is 51 million yuan, and the shareholder is He Jianfeng Trading's registered capital is 51 million yuan. Then why is Jianfeng, Lu Deyan?
Public information shows that He Jianfeng was born in November 1967 and was the president of Shunde Modern Industrial Co., Ltd. from October 2002 to the present, and has served as the chairman and president of Yingfeng Investment Holding Group Co., Ltd. from November 2010 to the present,High-level science and technologyChairman.
Midea Group also has a director named He Jianfeng, who is the son of He Xiangjian, the actual controller of Midea Group. The 2014 annual report of Midea Group shows that He Jianfeng is the current director of the company, and his term of office is from August 25, 2012 to August 24, 2015. But He Jianfeng does not hold shares in Midea Group.
In March 2015, Shangfeng Hi-Tech disclosed in its restructuring report that He Jianfeng holds 91% of Yingfeng Holdings, Yingfeng Trade holds 9% of Yingfeng Holdings, Yingfeng Trade holds 90% of Yingfeng Holdings, and Yingfeng Trade holds 90% of Lu Deyan and He Jianfeng holds Stocks are 10 percent, and Lu Deyan is He Jianfeng's spouse.
Although He Xiangjian, the only son of founder He Xiangjian, He Jianfeng did not take over the huge assets of Midea Group when the management handover was held. In 2013, when He Xiangjian handed over the company's management rights to a professional manager, He Jianfeng only served as the The director also does not hold shares in Midea Group.
He Jianfeng started to be relatively independent of his father's career many years ago. Information shows that He Jianfeng had established a new business as early as 1994 and established Shunde Hyundai Industrial Company, and has since established Guangzhou Dongze one after another. Electrical Appliance Company, Shunde Beijiao Yingke Electronics Company and many other companies, and Yingfeng Holdings was established in 2002.
What is little known is that in addition to manufacturing, He Jianfeng has also made a large amount of financial investments and used it to control huge financial assets. His layout in the financial market is not only limited to asset management such as PE and private equity. , the investment field is already fully penetrating into second-level sub-industry such as public funds, securities companies, banks, etc., and manufacturing seems to be no longer its main business.
According to the website of Yingfeng Holdings, the company is headquartered in Shunde, Guangdong, and has now formed three main businesses: finance, retail and manufacturing. In addition to Yingfeng Capital, Yingfeng Holdings is also the largest shareholder of E Fund Fund, with a strategic investment in Kaiyuan Securities and Shunde Rural Commercial Bank and holds the first listed company in the domestic fan industry, Shangfeng Hi-Tech.
The information obtained by the First Financial Daily shows that as of the end of 2014, Yingfeng Holdings and its affiliates held 9.4 percentage points, 25 percentage points, and 35.35 percentage points respectively. Among them, it is in E Fund Fund. , Yingfeng Holdings andGF Securities, Yuecai Trust is the largest shareholder.
According to industrial and commercial information, the investment in Kaiyuan Securities is an enterprise called Foshan Shunde District Midea Technology Investment Co., Ltd. (hereinafter referred to as "Midea Investment"), and Yingfeng Holdings is one of the shareholders. Its legal representative is Yang Li , and this is highly coincidental with the name of the legal representative and general manager of Yingfeng Capital. According to the information of Yingfeng Capital website, its current legal representative and general manager are also named Yang Li. At the same time, Yang Li also holds 14 percentage points of Yingfeng Capital shares.
The shares in Shunde Rural Commercial Bank are held by Midea Group and Midea Group Finance Corporation, ranking second and sixth largest shareholders, with 245 million shares and 83.87 million shares, and the shareholding ratio is 7 percentage points. ,2.4 percentage, the two hold a total of 9.4 percentage points, exceeding the single largest shareholder Shunde Water Supply Company.
