Origin | P2P observes (P2pguancha)
Author | Observation gentleman
"Financing mad demon " dot be in harmony financing of double !
On June 20, dot be in harmony announced formally to finish new round financing, caused wide attention. After all place of Guo space navigation says president of banquet of author of be in harmony of dot of no less than, couplet: "Go one year, the net that endorses without large finance platform is borrowed have financing news hardly. The net that endorses without large finance platform is borrowed have financing news hardly..
To this, many people consider as auspicious message: "The authoritative orgnaization of sex of so multilateral border has cast, platform thinks disagreement compasses safety is difficult. Platform thinks disagreement compasses safety is difficult..
As we have learned, this has been the 9th financing of bit of be in harmony, before eliminate 4 rounds not open, the collect fund that dot be in harmony announces already was as high as 4 billion yuan of RMB. No matter be to be on the frequency, still go up in amount, nodding be in harmony to borrow smooth Taichun in the net is count as one of the best.
But be in this year, dot be in harmony still has come out the problem such as cash shedding pressure, ever inn of the door below large quantities of dissolve lines, large-scale to local company cut down the member of persons employed. Receive a good deal of investment right now, apparently disagreement often manages.
"This round of financing is done not have external, the support that is original partner, add endowment. " Guo space navigation expresses to media, dot be in harmony this round of financing is hit by broken bits cast continuously get cast, inferior ode capital and Dalian gold are cast wait for an orgnaization to participate in, they are the existing partner of bit of be in harmony.
The personage inside course of study thinks, the moment of truth shows partner to be noted again endowment, although also proved partner people be willing to believe to light fuse, but compared with " the situation takes a favourable turn " , more resembling is to think to pull bit of be in harmony again.
"Solve old sign rapidly say again. " investor leaves a message in succession.
01
Cash flows a problem to still was not eliminated
"2016, I do the day-to-day government of bit of be in harmony no longer, established the star combines sth used to one's own advantage. At that time, to do not affect the application that light fuse P2P license plate is mixed add up to compasses, stability to manage, we asked much professional husband.
2018 second half of the year, industry happening is queasy, we discover professional handler is answered hard, the regression of father can make effective judgement quickly. I did not add up to the meeting on the development of capital to put delay, much energy can be put in the help to nod be in harmony to return to the right path as soon as possible. Much energy can be put in the help to nod be in harmony to return to the right path as soon as possible..
Although as one of author that light fuse, guo space navigation ever was immersed in tall canal for a time people " Gong Dou makes fun of greatly " , ability is able to return to in the round this year.
And his regression also did not eliminate the debt that light fuse to had turned slow, exceed the time limit leads trouble between labor and management of tall, staff to wait point to bit of financing the problem of golden face insecurity.
On March 1, media reports the plan that light fuse cuts down the member of persons employed 3000 people, but in draw near when the compensatory golden hair of the first batch of labour be paperinged cutter puts day, dot be in harmony states this money needs to pay in installment. In the meantime, still employee says to the reporter, they had had the salary of a few months to did not extend on time.
The likewise as worried as employee investor that still has bit of be in harmony, the bottom began last year, the creditor's rights that many investor reaction light fuse is made over unusually slow, had become the topic of a platitude to now.
"Although big environment is bad, all platform clinch a deal to drop, but the debt that lights fuse only in head platform it seems that at present turns to did not get be settlemented effectively all the time.
As we have learned, early 2017 end, at the beginning of 2018 when, the ready money that orders be in harmony sorts a problem clue shows first: a few investor complain exceed the time limit of mark of the novice that light fuse on the network in those days.
Cash flow meter indicated dot thaw 2018, dot be in harmony is in cash flowed net specified number to be 2018 - 350 million yuan.
Face the inquiry of media, guo space navigation states the reason has two sides:
It is, company decision-making layer faces the error that policy and industry sentence beforehand, sentence beforehand put on record when be born too hopeful. This basically is behaved ordering overall arrangement of be in harmony gain of a lot of blame but the business that has very good perspective, and did exceed the manpower reserve that business needs at that time.
2 be, to close quickly compasses, the fund that chose be in harmony to use number is used at buying outright 1 million or the loan project of ten million class. These projects deal with time is longer, bring about capital to flow directly bear pressure.
Net of official of foothold be in harmony discloses data, up to on May 31, 2019, the net that light fuse is leasehold remaining sum 9.748 billion yuan, pen of leasehold remaining sum counts 467 thousand, finance of exceed the time limit 1.697 billion yuan, exceed the time limit of 90 days of above is led 10.88% .
Compare with photograph of the beginning of the year, the data of exceed the time limit that lights fuse lifts somewhat, exceeded the of 10% high risk boundary line in 175 files.
Nevertheless besides, dot be in harmony still faces the double pressure that debt exceed the time limit and investor exit probably.
The asset with dot inchoate be in harmony originates more orgnaization, 2016, the line on dot be in harmony money sends urgently, dot be in harmony is leasehold wait for self-supporting business. To abound oneself small asset end, also make the closed circuit of the asset below the conduct financial transactions on the line and line to make, dot be in harmony bought quark finance 2017.
Say bit of be in harmony is a bit hapless also, the asset of quark carries ability rice to will be intervened by classics detect in August, the bank that enrol business is right hold " warm firewood is borrowed " the user of loan, undertook credit card is sealed entirely stop, also be affected a fund secondhand, accentuated debt exceed the time limit.
Plus its liquidity is high, dot be in harmony once the gather mark of all deadline is in hold after a month, can apply for to pay cost to be made over ahead of schedule. When this also lets nod be in harmony to feel a risk in investor, bigger than pressure of other platform susceptive.
And at this moment, the ready money with dot much be in harmony has been used at buying big property, with all possible means below action, the debt that light fuse turns into " long-standing " problem.
Be aimed at high liquidity, nodded be in harmony to also already was revised in partial new product at present pay cost to transfer regulation, be like " Li Li is filled with " partial product cannot initiate debt to turn before the project expires.
But notable is, although superintend specific requirement to prohibit assembling mark, but up to before distributing news dispatches, of net of the official that light fuse " vivid chestnut earns " wait for a product to still doubt is like " tear open mark " behavior.
In the past in a few months, the debt that lights fuse turns to be in all the time slow undertake, have investor feedback, the day outside dividing new bid answers a paragraph to be in commonly 1% the following.
According to exposure of news of association of each other gold, while dot be in harmony is sending new bid, leasehold remaining sum drops with every months of 100 million right-and-left speed, accumulative total acting countervail is slow promotion, show its debt turns in undertake adagio continuously.
But at the same time data also shows, situation of its exceed the time limit did not take a favourable turn apparently.
Besides, dot be in harmony and AMC (asset management company) the butt joint also does not have progress temporarily.
"The difficulty of nonexistent to receiving AMC technology, more is the misgive to platform. The majority has asset to deal with the orgnaization of ability, be willing more and hold card finance orgnaization to do adversary to trade, but the net borrows an industry to do not have license plate, processing of asset management company rises to also have worry. Processing of asset management company rises to also have worry..
Guo space navigation expresses: "But at present body generous assets has gone as scheduled now, capital pressure gets alleviating certainly " .
02
The financing with heavy doubtful point
"This round of financing is done not have external, the support that is original partner, add endowment. " a few days ago, guo space navigation says frankly to media, "Future regards business as structural adjustment, fall from the line turn to the line, aid borrow business and can regard a key as direction for ode of traditional banking orgnaization. Aid borrow business and can regard a key as direction for ode of traditional banking orgnaization..
Broken bits makes a bank, inferior gold of ode capital, Dalian is cast... these famous finance orgnaizations can say be bit of be in harmony " old friend " .
As we have learned, this second financing is bit of be in harmony the 9th financing, get broken bits of the person that cast to make a bank from 2015 C annulus is entered, broken bits hits Luo Longxiang of chief inspector of office of assistant president of Chinese head office, CEO before, dot be in harmony holds the post of presiding apparitor now.
Although number that did not show financing formally, but in be being interviewed, the difference that the intermediary outside nodding be in harmony to express to mix reports is not big.
British media reported on April 15 this year, the net that light fuse plans anew investor and existing partner place raise money capital of 100 million dollar.
Financing, it is good news undoubtedly to the current investor that light fuse, this shows platform came down temporarily firmly surely at least, liquidity also promoted, oneself capital also has bit of sth hoped for and likely to happen.
Guo space navigation expresses, main use is in the capital of this second financing add endowment with the business pattern with new development.
"The utility of financing, according to superintendency requirement, we a few main body should be met add endowment, register capital gold namely. The likelihood still can have new business to develop pattern, do a bank to aid for instance borrow, need group and national network, more deflection science and technology company, deflection accuses at wind, the output that wind accuses, on-line automation examine and verify. On-line automation examine and verify..
But to this message, the personage inside many course of study still grasps supporting wait-and-see attitude.
Investor expresses, this financing that lights fuse let him remember " drawer agreement " .
"I had seen in the friend's company, company perspective is not clear, be in harmony is less than money, but have pawn and assure the word of measure, apply for loan bank or be willing. " he says, "To assure the figure of the company, bilateral agreement does not produce debt risk, underground loan agreement. Be in so not ' real hammer into shape ' when, I won't believe financing news easily. I won't believe financing news easily..
In fact, the audit of the year that light fuse that announces according to association of each other gold reports, its financing has some of doubtful point really.
Eliminate is sealed amount, public data shows the financing of bit of be in harmony achieved left and right sides of 4 billion yuan of RMBs, the count as one of the best in platform is borrowed in the net.
Showed 2017 among them have D annulus financing 220 million dollar, but in its showed in audit report 2017, absorb the ready money that invests to be 100 million RMB, receive other raise fund the ready money that the activity concerns makes an appointment with 223 million RMB, balance sheet - project of other and receivable money increases about 274 million RMB than the beginning of the year, add up also compare the financing number that announce little the half is much still.
Likewise such 2018, two rounds of financing that announce are gross 110 million dollar, but raise fund other and the cash flow that the activity generates, receivable money increases amount to be 354 million RMB, 222 million RMB about respectively.
Nevertheless also the net is borrowed from course of study personnel thinks, this financing that lights fuse more resembling is partner a kind " save oneself " behavior.
"Be in the enterprise of C annulus to death too much, the development that light fuse arrives now, its brand, user, consequence is valuable. These threw so much money before partner, if nodded be in harmony to die, money hit water to float. But if pull it, still odds can earn, the platform gain that resembles interesting inn and so on now after all is OK also. The platform gain that resembles interesting inn and so on now after all is OK also..
"Nodding be in harmony to be returned now is not the leeway that is without save, pat pat borrow go up from 7 years line, to 16 years of gain, among also deficit 9 years. Among also deficit 9 years..
He still expresses, the enrollment with dot current be in harmony capital is 300 million, want to achieve a net to pass put on record the requirement still needs to add endowment 200 million, lighting fuse is detain noted those who put on record really.
If put on record,succeed, the business case that orders be in harmony will have improvement greatly, it is the eye is seeing only was about to go in June, superintend or do not have activity tardy, nod be in harmony to may wait even on a period of time.
03
Investor needs financing of rational look upon, add endowment
Although the message of financing of dot be in harmony is heart-stirring, but the expert expresses, face financing, add endowment profit is good, investor still wants rational look upon.
July 2018, just announced successful financing the Fu Rongbao of 800 million, as a result of project exceed the time limit, news briefing of B annulus financing ends up with nothing definite, platform was immersed in deep cash crisis.
August, just finished 30 million add endowment money baby-sitter, also chose Qing Dynasty after 10 days dish.
The expert reminds, put on record in what the net passes pilot program is mentioned " sth used to one's own advantage of real pay of national management platform at least 500 million yuan; Sth used to one's own advantage of real pay of regional management platform at least 50 million yuan " hind, platform is added endowment became an important signal.
But to investor, add endowment not be " calm Nereus needle " . Real pay sth used to one's own advantage increases, can show on certain level platform capital actual strength gets promotion, be helpful for increasing user degree of belief, but the security that the discretion of real pay sth used to one's own advantage cannot be equal to borrow platform at the net.
Although financing, add endowment the circumstance gets attention quite in the industry, but it is in investor when option investment, also want to add a consideration more likewise.
