Chapter 1076
An Liang was just fooling Chen Ming without any intention before.
As a result, An Liang's unintentional words actually caused a series of chain reactions, eventually causing Chen Ming to fall into a huge whirlpool. in the morning.
After Qiao Yijiang, the deputy financial director of Baining Biotechnology Co., Ltd., exposed the financial fraud of Baining Biotechnology Co., Ltd., Chen Ming alertly arranged for Wei Zhihang, the investment manager of Shengshi Dingming, to start a thorough investigation of the entire Shengshi Dingming situation.
From being a well-known stock in the prosperous times, to continuing to expand the scope of the review of court projects after being targeted by An Liang.
Under normal circumstances, there would be no problem with such an operation. It would just be a daily review project of the asset management company.
But now is not the usual normal situation. Bai Ning Biotech exposed its financial fraud, and there are also rumors circulating about eleven other well-known stocks, indicating that there may be problems.
Under such circumstances, Shengshi Dingming Asset Management Investment Company suddenly started a project review. Even though Shengshi Dingming conducted the project review in secret, the financial circle is very small, and the slightest disturbance will cause all kinds of speculation.
After all, there is too much money in the financial circle!
When Shengshi Dingming started the project review, there were no problems with the remaining eleven major stocks it held. Instead, the imperial project exploded.
As Shengshi Dingming began project review, Qingsanshui Electric Power Co., Ltd., a subsidiary of Qinghai Investment Group Co., Ltd., chose to self-destruct before being subject to project review by Shengshi Dingming.
Qingsanshui Electric Power Co., Ltd. chose the same approach as Bai Ning Biotech and directly disclosed its self-destruction to the outside world.
……
Qingsanshui Electric Power Co., Ltd.:
In view of the recent excessive investment in basic projects of our company, the cost of power generation has exceeded the expected estimate, and the power generation volume has not reached the expected plan, which has caused difficulties in making profits.
Regarding the principal and interest payment time for the Qingsanshui No. 1 debt project issued by our company, our company will try our best to apply for an extension.
Special announcement
……
The self-destruction announcement of Qingsanshui Electric Power Co., Ltd. may seem like an explanation of the problem, but in fact it is a thunderbolt. The so-called 'delayed processing' means that it cannot pay the principal and interest as promised.
For example, if you purchase a corporate debt-type asset management product and agree on a two-year term, the principal and interest will be paid at an annual rate of return of 7%.
But two years have passed, and the principal and interest should have been cashed out to investors, but now the company has not made a profit, and the principal and interest need to be deferred.
Isn't this a thunderstorm?
The corporate debt type project issued by Qingsanshui Electric Power Co., Ltd. is guaranteed by Qinghai Investment Group Co., Ltd. and underwritten by Guangming Bank. This time Qingsanshui Electric Power Co., Ltd. is in trouble. If it is unable to pay the principal and interest, if an investor files a lawsuit , that means Qinghai Investment Group Co., Ltd. is unlucky.
Shengshi Dingming happens to be an important investment institution of Qinghai Investment Group Co., Ltd. Shengshi Dingming also purchased the corporate debt issued by Qingsanshui Electric Power Co., Ltd., although it only bought 10 million.
But with a quota of 10 million, and after Shengshi Dingming started the project review, Qingsanshui Electric Power Co., Ltd. was worried that Shengshi Dingming would find out the problem, so it simply chose to blow up the problem.
In the financial circle, if it is a matter of self-destruction, it is basically three drinks as a penalty.
The total corporate debt issued by Qingsanshui Electric Power Co., Ltd. is just over 60 million. If you choose to expose it yourself, it will only be a minor problem, and the big deal will be fined.
Anyway, they will definitely make money later, and they will definitely fill this hole, but it will take a certain amount of time.
Under such a general premise, Qingsanshui Electric Power Co., Ltd. had no fear and chose to self-destruct in order to obtain the treatment of three drinks as a penalty.
Qingsanshui Electric Power Co., Ltd. chose to cut off its wrists to protect itself, but this approach harmed Shengshi Dingming, because Shengshi Dingming had just started the project review, and Qingsanshui Electric Power Co., Ltd. ran out and blew himself up.
Relevant people in the financial circle will speculate whether Shengshi Dingming has some inside information and is starting a project review in order to avoid its own losses?
A chain reaction quickly formed!
Starting from Qingsanshui Electric Power Co., Ltd., one after another court projects have exploded. These court projects are all projects of some local courts. They are not life-or-death issues. Most of them are overdue issues, but in the guarantee Under the protection of the company and the underwriting agency, these problems can be solved.
It's just that after Shengshi Dingming started the review project, in order to avoid being reviewed by Shengshi Dingming and causing more serious consequences, he simply blew himself up and ordered three drinks as a penalty.
Whichever is the lesser of two evils!
One court project after another exploded, even if it was a 'small project' worth tens of millions, even if the famous people in the prosperous world only invested a few million or ten million in each project.
As a result, these small projects and small funds accumulated together, pushing Shengshi Dingming to the forefront!
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Update time: September 16, 2020 06:31:58, old rules, ten updates in a row, please give me monthly tickets and flowers.
