Zhongzhi is a huge business empire, covering many fields such as finance, investment, wealth management, and new finance. In addition, Zhongzhi Department also owns dozens of large private equity investment funds (PE funds) and listed companies with a market value of several billion yuan, with total assets reaching several trillion yuan.
It can be said that Zhongzhi Department plays an important role in the private financial capital circle and is a strong backstage that many enterprises dream of. In fact, Xie Zhikun and his wife, the famous singer Mao Amin, are the actual leaders of Zhong Shi. Xie Zhikun was praised as a "potential underwater predator" by Forbes magazine.
He is very low-key, but under his leadership, the business map of Zhongzhi Department has been expanding. However, since 2020, the success of Zhongzhi Company has been frequently reported, and its performance has suddenly declined. Among them, Tianshan Bio, Rongyu Group, Kang Sheng, Kane and many other listed companies either failed in mergers and acquisitions or their performance plummeted.
These companies are inextricably linked with the China factory system. What's more, in July 2022, Li, a financial planner who worked in Hengtian Fortune for seven years, issued a public apology letter saying that Zhongzhi Company absconded with money, resulting in a loss of more than 200 billion for customers. This indicates that China flora may face an unprecedented huge power transfer storm, which will seriously affect the capital market in China.
The financial sector of CIIC
In the financial field, the Group strategically holds or shares in six licensed financial institutions, including Zhongrong Trust, Zhongrong Fund, Hengqin Life Insurance, Hengbang Property Insurance, Zhongrong Credit Futures and Tianke Jiahao Pawnshop. Holding or participating in five asset management companies, including CNOOC Rong Sheng, CIIC International, Sino-Singapore Sunac, CIIC Capital and Shoutuo Rong Sheng, covering real estate management, non-performing asset management, mixed reform of state-owned enterprises, mergers and acquisitions, and private equity investment.
Holding or participating in four wealth management companies, namely Hengtian Fortune, Xinhu Fortune, datang wealth and Goldman Sachs Fortune, is committed to building a global wealth management platform for high-net-worth customers and providing professional comprehensive financial services for high-net-worth customers.