After cross-border mergers and acquisitions of MPS, the financial management platform of the holding subsidiary has recently been exposed for overdue products. On March 28, Interface News exclusively learned that another product of Lima Financial Management, an Internet finance f

Reporter丨Zhang Xiaoyun

Everbright Securities (601788.SH) has been in trouble recently. After cross-border mergers and acquisitions of MPS, the financial management platform of the holding subsidiary has recently been exposed to have overdue products.

htmlOn March 28, Interface News exclusively learned that another product of Lima Financial Management, an Internet finance financial management platform operated by Everbright Yichuang Network Technology Co., Ltd. (hereinafter referred to as Everbright Yichuang), was overdue. The product is called "Lima Jucai-18th HBTJT". It is entrusted to invest through Shanghai Weizhen Investment Co., Ltd. (hereinafter referred to as Shanghai Weizhen), a wholly-owned subsidiary of Everbright Yichuang. The product term ranges from 546 days to 550 days, and the income is about 7.2% to 7.4%. After penetration, the final investment of the funds is Hubei Tongjitang Investment Holding Co., Ltd. (hereinafter referred to as Hubei Tongjitang), the controlling shareholder of the listed company Tongjitang (600090.SH).

Tianyan Check information shows that Everbright Securities is the largest shareholder of Everbright Yichuang, holding 40% of the shares. The legal representative is Zhou Jiannan, who also serves as the general manager of Everbright Securities and the chairman of Everbright Yichuang. HNA Tourism Group Co., Ltd. holds 30% of the shares, and Youjia E-commerce Co., Ltd., controlled by NetEase Executives, holds 30% of the shares.

Previously, the official website introduction page of Lima Financial Management has also been using "two Fortune 500 companies and Internet giants to build together" as a platform to increase trust. However, all relevant information about shareholders on the official website has been removed, and only Everbright Bank , Everbright Securities, Jiashi Fund , Hongkang Life Insurance, Yipayment, NetEase Payment, NetEase News, NetEase Finance, NetEase Yanxuan, and Weiyang are platform partners. At the same time, Lima Financial Management has not disclosed specific operating data on the official website.

On April 23, 2018, Lima Financial announced that it would make adjustments to its business, and it could only be redeemed but not bought. Lima Financial Management issued an announcement stating that the adjustment was made in accordance with the instructions of the "Notice on Increasing the Remediation of Asset Management Business Through the Internet and Carrying out Acceptance Work (Rectification Office Letter [2018] No. 29)" (hereinafter referred to as "Document No. 29"). Investor withdrawal and redemption will not be affected, including the transfer of funds from the immediate treasury, regular financial management redemption, bank financial management redemption, insurance financial management transfer and other funds transfer business are carried out normally. Therefore, investors who need to withdraw cash or redemption can operate normally.

Caihui Big Data terminal statistics show that as of November 2017, the transaction volume of Lima Financial Management Platform has exceeded 32 billion yuan, with more than 4 million users.

It is understood that the products related to Hubei Tongjitang have expired one after another in early February. There were originally normal returns, but the turning point occurred when the products that expired on March 19 should have been repayed within 3 working days after the expiration date, but there was an extension. Among them, the A, which had a profit of 7.2%, received a repayment on the 26th, while the B, which had a profit of 7.4%, failed to repay. Screenshots provided by investors from

show that the official customer service of Lima Financial Management responded that the product was postponed to April 12 for some reason. Lima Financial Management will synchronize information with the financing party at any time, and the latest progress will be notified as soon as possible.

also has the product that expired on March 26 and the investor told reporters that the customer service said the product was postponed to April 26 for some reason.

Lima Financial Management has not been able to connect to the customer service hotline since the business adjustment. The online customer service is a robot, and there will be only occasionally manual customer service responses, and the content of the reply has always been similar templates. An investor said that he called the customer service phone last Friday (3 working days after the product expires on the 19th) and the customer service said that the product was not overdue and was received on Monday (25th) due to banking system problems, but it was not cashed in the end.

Let’s look at the financing party of this product, Hubei Tongjitang. According to its product page, Hubei Tongjitang was established in 2000 and is mainly engaged in investment and management in industries such as medicine, health, and elderly care. It currently has 5,000 chain pharmacies nationwide, ranking among the forefront of China's pharmaceutical retail chain. The main business of its listed company Tongjitang (600090.SH) is pharmaceutical and pharmaceutical distribution business, with operating income of 8.997 billion in 2016.

According to the announcement of Tongjitang on March 19, as of February 18, 2019, Hubei Tongjitang was the largest shareholder, with a number of shares held at 485 million shares, accounting for 33.72%.

Lima Financial Management's APP page can only see simple product descriptions at present. The product contract has been deleted, and only the risk disclosure is left. Therefore, it is impossible to know the scale of the loan of Tongjitang, Hubei.

This product has currently undergone substantial overdue. Interface reporters called Hubei Tongjitang Industrial and Commercial Registration Number and Lima Financial Customer Service many times, but failed to get through. As of press time, there have been no relevant announcements from Lima Financial Management and Hubei Tongjitang, and the asset pledge status of the corresponding products has not been disclosed.

In fact, this is not the first time that financial management has encountered trouble. At the end of November last year, due to the Sanbo Group's , investors' financial management plans "Jiakangying, Jiashunying, Jiahengying" held by investors through the platform Lima Financial Management were overdue.

htmlOn November 20, Sanbo Group sent a letter to investors holding the above three financial management plans stating that the above financial management plans were filed and issued by Hainan Equity Trading Center, and the financing entity is Sanbo Group. The financial management plans will expire on November 20, 2018. Due to the company's recent shortage of working capital, it cannot be repurchased as scheduled. Sanpo Group promises to repurchase the financial management plan that expires in November 2018 by February 20, 2019 at the latest, and repurchase the financial management plan that expires in December and January 2018 by March 15, 2019 at the latest.

However, Sanpo Group did not fulfill the above repurchase plan and sent another letter on February 20 stating that the repurchase plan was postponed to June 30.

"The products related to Sanpo sold by Lima Financial are from Hainan Stock Exchange, and at least I sent a letter. Now this product from Hubei Tongjitang is made by Lima himself, and there is no announcement. Customer service often cannot be cleared, and the caliber is still changing. Is there any credibility in what he says?" Some investors questioned so much.

htmlOn December 29, a person from the board of directors of Everbright Securities told Interface News that after communication and understanding, Everbright Yichuang was actively contacting investors in Tongjitang, Hubei.