At 19:40 on the evening of September 1, Shanghai Zendai Real Estate Co., Ltd. (Shanghai Zendai, 00755.HK) issued a clarification announcement stating that Shanghai Zendai Real Estate Co., Ltd. and the "Shanghai Police Report" "Zhengdai Company" reported by the media were illegal
Progress in the investigation of the fund-raising case, 41 criminal suspects have been detained, and the assets involved have been seized." The "Zhengdai Company" mentioned in relevant reports such as
shares and no longer holds any position in the company.
Shanghai Zendai stated that the company's board of directors has paid attention to media reports titled "Shanghai Police Reported the Investigation Progress of the Illegal Fund-raising Case of "Zhengdai Company", 41 Criminal Suspects have been detained, and the assets involved have been seized" or related reports with similar titles. According to relevant media reports
"Zhengdai Company" refers to Shanghai Zendai Cultural and Creative Development Co., Ltd. At the same time, relevant media reports also mentioned Shanghai Zendai Aite Financial Information Services Co., Ltd., Shanghai Zendai Thumb Wealth Management Co., Ltd. and Shanghai Zendai Investment Consulting.
Ltd.
In this regard, the board of directors of Shanghai Zendai issued a clarification that the company has no equity relationship with the above four companies, nor is there any cross-shareholding phenomenon.
At the same time, Shanghai Zendai's main business is real estate construction development, operation and management. Its business scope has no overlap with the above four companies, and the company has no business dealings with the above four companies.
Dai Zhikang completed the transfer of all controlling shares of the company he held on February 13, 2015, and no longer holds any position in the company.
Back four years ago, on January 21, 2015, Shanghai Zendai announced a trading suspension. A few days later, Dai Zhikang sold the 42.03% shares of Shanghai Zendai Real Estate Co., Ltd. held by him and his daughter Dai Mocao for a total price of HK$1.2507 billion.
All were sold. At that time, China Orient Asset Management (International) Holdings Co., Ltd., a wholly-owned subsidiary of China Orient Asset Management, took over. Dai Zhikang announced his withdrawal from the real estate industry.
As of December 31, 2018, Shanghai Zendai’s major shareholders were Nantong Sanjian Holdings Co., Ltd., holding 29.99% of the shares; China Orient Asset Management (International) Holdings Co., Ltd. held 18.17% of the shares; Guo Guangchang’s China Alliance Properties Limited held
15.15%.
“As an industry and a business, (real estate) is no longer important to me.” In 2015, Dai Zhikang said goodbye to the real estate industry.
Another reason he gave was, "It's easy to play with other things because of emotions, but playing real estate requires considerable strength. Real estate itself is very expensive capital." For Dai Zhikang, quitting real estate is not a willingness to do so.
While Zendai Group is focusing on the primary industry, he still hopes that real estate and finance can go hand in hand. "When I have strong capital capabilities, I will definitely come back and do a few more exciting projects, building a building, a community or a school." After quitting real estate
, Dai Zhikang targeted Internet finance.
At that time, Dai Zhikang said in an interview with the media, "Of all the development directions in the financial system, I am most optimistic about P2P."
Faced with the risks and competition in this industry, Dai Zhikang believes, "It is much better than real estate. This industry is an emerging industry, and only those who are strong will have opportunities. Currently, many small companies are also in it. In the long run, 90%
Companies will be eliminated. The elimination rate and cycle of this industry will be much faster than that of real estate." Four years later, the P2P online lending institution started by Dai Zhikang has come to an end.
On the afternoon of September 1, according to the official Weibo "Police-Citizen Express-Pudong" report of the Pudong Branch of the Shanghai Public Security Bureau, since August 12, 2019, the Pudong Branch of the Shanghai Public Security Bureau has successively received reports from the masses claiming that Shanghai Zendai Culture
The "Laocaibao" platform and "Zhengda Fortune" company owned by Creative Development Co., Ltd. (hereinafter referred to as "Zhengdai Company") were suspected of illegal fund-raising, and the police accepted the case and launched an investigation.
On August 29 of the same year, the legal representative of Zendai Company, Dai Moukang, the general manager Dai Mouxin, and others surrendered to the police, claiming that there were illegal activities such as setting up a fund pool and misappropriating funds during the company's operations, and
Cannot be redeemed.
Accordingly, the Pudong Branch of the Shanghai Public Security Bureau opened a case for investigation into "Zhengda Company" on suspicion of illegally absorbing public deposits. It took criminal coercive measures against 41 suspects including Dai Moukang and Dai Mouxin in accordance with the law and seized the relevant assets involved in the case.
Earlier, in August this year, Dai Zhikang wrote to Laocaibao users twice, saying that Zendai is still here, and I am still here, and have the ability to launch it in a healthy way, and said that he will not pass the blame, run away, or lose contact.
Dai Zhikang was born in 1964. He is the founder and chairman of Zendai Group (Shanghai Zendai Investment Development Co., Ltd.). He graduated from the Department of Finance, Renmin University of China, majoring in international finance, and the Graduate School of the People's Bank of China Head Office.
He successively worked at the head office of CITIC Industrial Bank, the Beijing representative office of Dresdner Bank and Hainan Securities Company.
In 1992, he founded Zendai Asset Management Company and managed China's first public offering fund, Fudao Fund. In 1998, he reorganized and established Zendai Group and has been its chairman ever since.