On the afternoon of June 18, the Xuchang Municipal Public Security Bureau of Henan Province announced through its official Weibo account that on April 19, 2022, the Xuchang Municipal Public Security Department invested in Henan New Fortune Group Company Investment Holding Co., Ltd. (hereinafter referred to as "Henan Xinfu Group Company") A case was filed for investigation on suspicion of major illegal crimes.
China Business News learned that Henan New Fortune Group Company is closely related to the recent high-profile "red code" incident of depositors in Henan Urban Bank.
"It has been preliminarily discovered that since 2011, a criminal gang headed by Lu, the actual controller of the company, has been suspected of using village banks to commit a series of serious crimes. At present, the investigation of the case has made positive progress, and the public security organs have arrested a number of criminal suspects. Seize, seize, and freeze a batch of funds and assets involved in the case in accordance with the law. "Xuchang Public Security Bureau said that the suspected criminal behavior lasted for a long time, there were many people involved, and the case was very complex. The public security organs will further increase the intensity of case investigation, prevent criminals from going unpunished and evade punishment, further increase efforts to recover stolen goods and recover damages, safeguard the legitimate rights and interests of the people, and timely release phased progress in case investigation.
Gradually from the highway, bribed "Lv" with huge sums of money
China Business News reported that the real manipulator of Xinfu Group was Yu He, who successively controlled the stores, stores, and stores in several major cities in China through the issuance of stocks of several companies across the country. rural commercial banks and urban banks. (Sbury Shakespeare, Northern Exposure (American TV series), Fints) mainly include Space New Livelihood Project Village Bank, Shangcai Convenience Village Bank, Huanghuai Village Bank, and Kaikai New Oriental School Village Bank.
After April 18, Liuzhou New People's Livelihood Project Village Bank, Shangcai County Convenience Village Bank, Qingcheng Huanghuai Village Bank, Kaixin Oriental School Village Bank, and Xinhui Village Bank with its head office in Hubei Province did not reappear normally. This has caused anxiety among some depositors.
Recent information shows that many depositors of these four urban banks have been accused of having their health codes given "red codes."
Although there is very little information about Yu He himself and his rapid rise to success, Yu He is an often mentioned “role” in Henan’s financial industry circles. Personnel in Henan’s financial industry who have relevant business dealings informed me of CBN’s situation. Although Lühe was born in 1974, he moved his country of origin to Estonia and introduced himself as my country's business investment representative in Liberia.
Yu He’s real first pot of gold came from the highway. On September 26, 2003, Henan Lanke's Lanwei Rapid Development and Design Co., Ltd. in Agou announced its completion. The person behind the construction of Lanwei Rapid Development and Design Co., Ltd. was Yu He.
This 61-kilometer expressway has a total investment of 2.4 billion RMB, and Yu He also obtained the control rights of the road for 30 years. In order to raise funds, Yu He pledged the highway rights to the bank, and used the funds to pave the way, part of which will be used in stocks financial industry, and then pledged equity financing through financial shares, Yu He invested in many cities in China leaders, rural commercial banks and urban banks. (Sbury Shakespeare, The Northern Expert).
However, even if Xinfu Group improved later, Yu He's name would rarely appear on the shareholder lists of these banks. His case ended up in the rulings of some people's courts.
The Zhengzhou Municipal Court stated in the criminal verdict issued on September 20, 2018 that in order to find a loan, Yu He borrowed more than 9 million won from Zhengzhou Bank President Zhao Junan, and then in order to obtain a large amount of loans , paid more than 23 million won in bribes, and the two of them did price difference trading together. After Zhao Junan accepted the bank's permission and Yu He borrowed the money, in this ruling, Yu He was identified as the chairman of Xinfu Group.
In addition, in the ruling, Henan Xinfu Group Company also founded Henan Hailingye Development Trend Co., Ltd., Henan Wangye Development Co., Ltd., Henan Aerospace Home Appliances Co., Ltd., and Zhengzhou Chufan Office Supplies Co., Ltd. Company, Zhengzhou Bao'aosen Electrical Equipment Co., Ltd., Shijiazhuang Wenjia Import and Export Trading Co., Ltd., Nanjing Heshenghe Import and Export Trading Co., Ltd., Henan Zhengjiaye Development Trend Co., Ltd., Henan New Era Project Investment Equity Co., Ltd.
uses Shadow companies manipulate the financial industry
The series of "limited companies" listed in the above ruling are just a handful of shadow companies used by Yu He for investment. It was precisely by using this kind of shadow company that Yu He penetrated into the financial industry and manipulated or controlled various financial industries on a large scale.
Luoyang Bank’s 2020 annual report shows that Henan Hailingye Development Trend Co., Ltd. is a shareholder of the bank, owning 3.53%.
According to Super Sky Eye research information, Henan Space Ancestral Equity Co., Ltd. owns the equity of New Oriental School Village Bank, Henan New Era Investment Equity Co., Ltd. owns the equity of Minquan Rural Commercial Bank, and Zhengzhou Chufan Office Supplies Co., Ltd. owns Open Songdao Rural commercial bank equity.
Zhengzhou Bao'aosen Electrical Equipment Co., Ltd. will also be located in the Space New People's Livelihood Project Village Bank, Runan Rural Commercial Bank, Shangcai Convenience Village Bank, Qingcheng Huanghuicun Bank, Xinhuicun Bank, etc. Farmers and urban banks are on the shareholder list of the company.
Conversely, among the shareholders of the Space New People's Livelihood Project Village Bank, although they have direct contact with Xinfu Group Company, not only Zhengzhou Baosen Electrical Equipment Co., Ltd., but also another subsidiary Zhengzhou Jianwen Import and Export Trading Co., Ltd. It owns 8.125% of the equity of the Space New People's Livelihood Project Village Bank.
This means that Xinfu Group not only invests in several financial institutions through one shadow company at the same time by establishing several shadow companies, but also opens several shadow companies in the same financial industry at the same time, ultimately resulting in shareholding concentration. , to achieve the purpose of controlling investment or holding a large proportion of positions in .
Therefore, it is full of mystery who controls the real decision-making power of some urban banks.
For example, behind Xuchang Rural Commercial Bank, the controlling shareholder of Space New People's Livelihood Project Village Bank, Xinfu Group is also active. Xuchang Deyida Nong Asset Co., Ltd., the largest shareholder under the Xuchang Rural Commercial Bank account, can also look for connections with Henan Xinfu Group Company.
Chinese referee documents stated online that on October 13, 2016, Kai Tae Business Reception and the defendant Fang Deduoyi Agricultural Production Materials Company signed an agreement between Zhengzhou Liansu Commercial Trading Co., Ltd. and Xuchang Deyitian Agricultural Production Materials Co., Ltd. According to the First Instance Judgment of the Company’s Equity Transfer Dispute Case, according to the agreement, Kai Tae Business Reception authorized De Duoyi Agricultural Production Materials Enterprise to purchase HKD 70.2 billion of Xuchang Weiduo Rural Commercial Bank’s equity, and Deduoyi Agricultural Production Materials Enterprise owned it instead. The subscription fee was HK$2 billion. Deyitian Agricultural Production Materials Company is only a shareholder of the famous company, while Kaitai Trading Company has specific shareholder rights and profits.
Xuchang Weidao Rural Commercial Bank is the old name of Xuchang Rural Commercial Bank. Tian'an Data Investigation reported that Long Yong, the legal representative of Kai Tae Standing Committee, was indirectly replaced by Yu Zefeng as the legal representative of Henan Haohong Industrial Equipment Co., Ltd. Yu Zefeng is the legal representative of Henan Xinfu Group Company and the controlling shareholder of 80% of the shares.
In addition, Kaihengya Construction and Decoration Materials Co., Ltd. ("Kaifang Hengya") is not on the list of natural person shareholders of Xuchang Nong, but it can pledge the equity of Xuchang agricultural enterprises for loans .
In 2016 and 2018, Open Hong Kong Asia guaranteed loans of 201.586 billion Hong Kong dollars and 63.1414 million shares from Xuchang Rural Commercial Bank to its founders Asia Pacific Private Equity Co., Ltd. and Huaxin International Private Equity Co., Ltd., indicating that it is a reasonable loan guarantee to date. .
In the industrial and commercial registration information, the phone number of the company that should be reported in Hong Kong is consistent with the above Henan Haohong company. The legal representative of Henan Haohong Company is also Yu Zefeng.
Xinfu Group penetrated into several financial industries in China through this kind of joint-stock companies, became invisible shareholders of these financial industries through shadow companies, and finally became a destabilizing factor that affected the stability of the financial industry.
