In the office buildings where guarantee companies used to gather, such as Zhengzhou Pudong Financial Center Building and Kazuki Watanabe musician Times Square, many guarantee companies have been deserted. Xie Guoyin, the boss of Henan Yin Bao Investment Co., Ltd., absconded on October 20th, 65438. Investors in Yin Bao have reported the case to the Economic Investigation Detachment of Zhengzhou Public Security Bureau. According to informed sources, the reason why the Shengwo incident can set off a series of chain reactions is because the interest promised by Shengwo Company is almost the highest in the industry, and many small guarantee companies have invested their funds in Shengwo Company to enjoy high interest rates. 1 1 100 million funds are unknown. Many people put their money into Shengwo Company under the temptation of high interest rates, but they didn't care where the money was invested at first, and the task force refused to disclose its capital flow. At present, there are about 800 registered investors in Shengwo, and the registered amount exceeds 1 1 billion yuan, but the total amount cannot be finalized. 65438+1October 24th is the day when the Shengwo case task force promised to introduce the progress of the case to investors. In the morning, investors who waited for more than three hours near the police office of Mingmen community did not wait for any useful news. The task force refused to disclose the capital flow of Shengwo Company, the recovered funds and other issues that investors are most concerned about. It is reported that the public security organs have arrested 24 people involved in Shengwo Company, including Yu, the actual controller of the company, and Wang Yu's mother and daughter, and have mastered the real estate, cars and other property under his name, but Nie Yijuan, who is in charge of finance, is still at large. About the capital flow of Shengwo, it has been more than ten days since the incident, and it is still confusing. Earlier, it was reported that Shengwo invested in three local enterprises: Missing Food, Sanquan Food and Yutong Bus. Subsequently, the three companies have come forward to deny accepting Shengwo's investment funds. Strangely, the contracts of several investors in Shengwo show that the borrowers are Qin Taihong and Wang Chao. Investigation shows that Wang Chao is a relative of an employee of Shengwo Company, and Qin Taihong is the chairman of a famous real estate company in Zhengzhou. But both denied borrowing. Before being controlled, Wang Yu of Shengwo Company revealed that the company's funds were invested in a factory in Luoyang. An investor then went to Luoyang for verification and found that the factory mentioned by Wang Yu had been uninhabited for half a year. According to several investors, the interest promised by Shengwo Company is very high, and many people can't help but want to invest their money in this company, but they didn't care where the money was invested at first. "In the past, it was about 2 points of interest per month. In September, I promised to give a high interest rate of more than 6 points, so I pulled a lot of people in September. " An investor told reporters. An investor said that many borrowers in the guarantee company's "financing contract" are fabricated, and the actual capital flow is not even clear to the account manager. In the contract of Shengwo investors, all borrowers are not personally signed, but copies signed by themselves. In fact, the funds of Shengwo Company could not be paid normally on September 13. Although the high interest rate lured a new batch of investors to enter, the method of robbing Peter to pay Paul did not block the hole of funds as expected. Different from other guarantee companies' threshold of 50,000-65,438+10,000, Shengwo's investment threshold is as high as 2 million yuan, and the contract interest is 1.5-2 cents per month. But in fact, many investors' funds did not reach the threshold of prosperity, so they pooled their funds to invest and signed a "joint financial management" contract, which was signed by the lender with the most capital contribution, and the names, accounts and investment amounts of others appeared in the annex of the contract. Many customers only get a copy of the contract, and some even don't have a contract. According to many investors, the interest paid by Shengwo was exploited by financial managers and middlemen. Well-informed investors can get a monthly interest of sixty or seventy cents, while investors who don't know the truth can usually only get a monthly interest of 1.5-2 cents. The investor representative of the liquidation assets of the new trading company's customers has mastered two properties of the new trading company, including the 30-storey property right of Li Di Shangdong International in Zhengdong New District, with a preliminary estimated amount of 65.438+0.8 billion yuan. 10 10 13, that is, the day when the person in charge of Shengwo was controlled by the public security organ, Zhengzhou Xintongshang Venture Capital Guarantee Co., Ltd., which is relatively strong, also failed to pay the funds on schedule. The company has a registered capital of 50 million yuan and started business on September 25, 2009. 10 year 10 22, hundreds of investors went to the door of the new trading company to ask for funds. Liu Xin, the legal representative of Xinshangshang, said that all the funds will be paid to investors with interest, and the funds will be distributed one after another in about 10 days. Subsequently, investors' representatives stationed in the new trading company to liquidate the company's assets. According to informed sources, Xinshang has about 2,000 customers, with a conservative estimate of 450 million yuan. 10 year10.24, the investor's representative grasped two properties of the new trading company, including the 30th floor property right of Shangdong International in Li Di, Zhengdong New District, with a preliminary estimated amount of180 million yuan. One investor said that he had raised tens of millions of dollars with his friends to invest in this new transaction. In September, he heard some news that funds were tight, but the account manager of Xinmao repeatedly told him that there was no problem with funds. The investment threshold of new trade is 654.38 million yuan, and the monthly interest on the contract is also 1.5-2 cents. Interest varies according to different projects, but the monthly interest rate is not as high as that of Shengwo. According to a financial manager, part of the funds of Singapore Trade are used to buy the shell of a listed company in Hong Kong for listing in the future, and the flow of the remaining funds is unknown. Henan guarantee industry panic: Shengwo crisis overthrew dominoes, and the supervision of guarantee industry failed. This winter is extremely cold for Henan guarantee industry. A few months ago, the roadside and taxis were covered with advertisements of various guarantee companies, but now they have disappeared without a trace. Neither the staff of the Guarantee Office of Zhengzhou Small and Medium-sized Enterprises Bureau nor the task force responsible for investigating the Shengwo case are willing to be interviewed, and even taxi drivers are secretive about the topics related to the guarantee industry. According to the data of Henan Private Economy Research Association, the number of guarantee companies in Henan soared from more than 100 in 2007 to more than 1640 at the end of 2008, with a registered capital of about 57 billion yuan and more than 40,000 employees. A number of investors told reporters that the reason why funds were invested in guarantee companies was because guarantee was an industry supported by the local government in the past two years. Shengwo guarantees a formal industrial and commercial registration, and also issued an approval form for the establishment of a guarantee institution of Henan Ministry of Industry and Information Technology to investors, so it did not arouse investors' doubts. In September, 2009, Henan Province required guarantee enterprises to declare the Registration Certificate of guarantee business on the basis of industrial and commercial registration, requiring the registered capital of the applicant enterprises to be more than 30 million yuan, and the capital adequacy ratio to be no less than 80%. Since last year, the financing guarantee business with banks has been more than 654.38 billion yuan or the bank credit has been more than 654.38 billion yuan. However, this large-scale intervention has not received the expected results, and many enterprises easily muddle through by making accounts or joint transactions. On June 20 10, Henan Provincial Department of Industry and Information Technology once again raised the entry threshold and listed 246 guarantee institutions as qualified institutions in the first instance. However, this list does not guarantee that the guarantee institutions are completely safe. Henan Chengtai Investment Guarantee Company in the list broke its capital chain at the beginning of 20 1 1 due to illegal absorption of funds, and Xinshangshang was among them.