Dalian Co., Ltd. issued an invoice for aluminum materials on behalf of the company.

& Dalian is responsible for issuing aluminum material invoices [Telephone Manager Li/WeChat] (Integrity first, customer first, long-term cooperation,) ▂ ▂▃▄▅▆▇█ Baidu promotion: catering fees, accommodation Fees, transportation fees, service fees, advertising fees, building decoration, handling fees, engineering fees, medical fees, consulting fees, labor fees, etc. In addition, some powerful real estate companies are striving to build + stock listing financing platforms in order to borrow money with lower interest rates. The gap between domestic and foreign financing costs is close to %, so real estate companies are scrambling to open up the Hong Kong listing platform. Developers, from benchmark real estate companies such as Vanke and Greenland to developers such as Oceanwide Holdings that strive for transformation and change, have completed the dual financing platform strategy of opening up domestic and overseas capital markets. The purpose is nothing more than to expand financing channels and operate in a highly leveraged environment. Against this background, we strive to reduce the financial costs caused by high debt and thereby increase corporate profits. The goal is directly to illegally absorb public deposits. According to information on the website of the Shenzhen Public Security Bureau, in addition to the above-mentioned platforms under investigation, Fudaya has also been characterized as illegally absorbing public deposits.
According to the description of the Shenzhen Public Security Bureau, the two platforms, including Fudaya, are currently classified as illegally collecting deposits from the public. Their business models are not essentially different from those commonly used in the industry. , and it is difficult to see the problems therein.
In March, the investment in real estate development in the eastern region was 100 million yuan, a year-on-year increase of .%, and the growth rate was .% higher than in the previous month. The central region invested 100 million yuan, an increase of .%, and the growth rate fell back. The western region invested 100 million yuan, an increase of .%. .%, the growth rate dropped by .percentage point.
In March, the housing construction area of real estate development enterprises was 10,000 square meters, a year-on-year increase of .%, and the growth rate dropped by .% from the previous month. Among them, the residential construction area was 10,000 square meters, an increase of .%. The newly started construction area of 10,000 square meters of housing increased by .%, and the growth rate fell by .%. Among them, the area of newly started residential construction was 10,000 square meters, an increase of .%. The completed housing area of 10,000 square meters increased by .%, and the growth rate increased by .%. Among them, the completed residential area was 10,000 square meters, an increase of .%.
In March, the land purchase area of 10,000 square meters by real estate development enterprises decreased by .% year-on-year, and the decline rate was narrower by .% than in the previous month. The land transaction price of 100 million yuan increased by .%, which was a decrease of .% in the previous month.
2. Commercial housing sales and pending sales
In March, the sales area of commercial housing was 10,000 square meters, a year-on-year increase of .%, and the growth rate dropped by .% from the previous month. Among them, the sales area of residential buildings increased by .%, the sales area of office buildings increased by .%, and the sales area of commercial business buildings increased by .%. Commercial housing sales reached 100 million yuan, an increase of .%, and the growth rate dropped by .%. Among them, residential sales increased by .%, office building sales increased by .%, and commercial business building sales increased by .%.
Investments completed by real estate development enterprises this year: refers to all investments completed during the reporting period for housing construction projects, land development projects, public welfare buildings and land purchase fees. This indicator is a statistical cumulative data based on the principle of image progress.
Commercial housing sales area: refers to the total contract area for the sale of new commercial housing during the reporting period (i.e., the construction area confirmed in the formal sales contract signed by both parties). This indicator is cumulative data.
Sales volume of commercial housing: refers to the total contract price for the sale of newly built commercial housing during the reporting period (i.e., the total contract price confirmed in the formal sales contract signed by both parties). This indicator has the same caliber as the commercial housing sales area and is also a cumulative data.
The area of commercial housing for sale: refers to the construction area of commercial housing that has been completed and available for sale or rent at the end of the reporting period, and the construction area of commercial housing that has not yet been sold or rented, including the area of housing completed in previous years and completed in the current period, but It does not include the area of housing that has been completed during the reporting period and cannot be sold or rented, such as demolition and reconstruction, unified construction and construction, public supporting buildings, real estate companies' own use and turnover houses, etc.
The funds in place of real estate development enterprises this year: refers to the various monetary funds and source channels that real estate development enterprises can actually use for real estate development during the reporting period. It is specifically broken down into domestic loans, use of foreign capital, self-raised funds and other funds. This indicator is cumulative data.
House construction area: refers to the total building area of houses constructed by real estate development enterprises during the reporting period. Including the area newly started in this period, the area of houses that have been suspended from the previous period and resumed construction in this period, the area of houses completed in this period and the area of houses that have been suspended after construction in this period. . The construction area of a multi-story building refers to the sum of the construction areas of each floor.
The area of newly started construction of houses: refers to the area of newly started construction of houses by real estate development enterprises during the reporting period, and is calculated based on unit projects. It does not include the construction area of houses that started construction in the previous period and continued construction into the reporting period and the construction area that was suspended in the previous period and resumed in this period. The start of construction of a house shall be based on the date when the groundbreaking and trenching (foundation treatment or permanent piling) of the house officially begins. The newly started area of a house refers to the entire construction area of the entire house and cannot be calculated separately.
Completed building area: refers to the total building area of each house that has been completed in accordance with the design requirements during the reporting period, meets the conditions for habitation and use, has passed the acceptance appraisal or reached the completion acceptance standards, and can be officially transferred for use.
Land acquisition area: refers to the land area for which real estate development companies have obtained land use rights through various methods during the year.
Land transaction price: refers to the final amount of land use rights transactions carried out by real estate development companies. In the primary land market, it refers to the final allocation of land, the "bidding, auction, and listing" price and transfer price. In the secondary land market, it refers to the final contract price for land transfer, lease, mortgage, etc. The land transaction price is of the same caliber as the land purchase area, and the average land purchase price can be calculated.
.Statistical scope
All real estate development and operation legal entities.
.Survey method
Conduct a comprehensive survey on a monthly basis (except month).
.A brief description of the National Real Estate Development Boom Index
The National Real Estate Development Boom Index follows the theory of economic cycle fluctuations, is based on the boom cycle theory and boom cycle analysis methods, and uses time series, multivariate statistics, and econometric analysis. Method: Taking real estate development investment as the benchmark indicator, selected indicators related to real estate investment, capital, area, and sales, eliminated the influence of seasonal factors and random factors, and was compiled using the growth rate cycle method. The national housing boom index selects the year as the base year and sets its growth level as. Under normal circumstances, the national real estate boom index point is the most appropriate level. The level between the 10 and 10 points is a moderate level, the lower level is a lower level, and the higher level is a higher level.
.Division of eastern, central and western regions
The eastern region includes Beijing, Tianjin, Hebei, Liaoning, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong and Hainan provinces (cities). The central region includes Shanxi, The western regions of Jilin, Heilongjiang, Anhui, Jiangxi, Henan, Hubei, and Hunan provinces include Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, and Xinjiang {} provinces (cities, autonomous regions) .
Calculation of growth rate
The growth rate of real estate development investment is a nominal growth rate. Since the fixed asset investment price index is calculated on a quarterly basis, the actual growth rate of real estate development investment can be calculated by dividing month, month, month and {} month. In addition, only nominal growth is calculated in other months.
According to the confessions of employees of the above two platforms, the loan period for Fidelity loans is generally three months or three months
The annual interest rate for one-month investment is %, and the annual interest rate for three-month investment is %. The annual interest rate charged is above %. Since 2008
, Fudaya has been involved in more than 10,000 yuan. The above-mentioned unannounced platform provides investors with an annualized interest rate of
%~%, and the interest charged from borrowers is around %~%.
It is worth noting that in the above-mentioned relevant information, the Shenzhen Public Security Bureau specifically mentioned that "the platform whose name has not been announced promises to repay principal and interest to investors upon maturity".
&The Public Security Bureau
Criminally detained the persons involved on suspicion of "illegal absorption of public deposits", and the investigation pointed to illegal fund-raising. &rXiao Sa, a lawyer at Beijing Dacheng Law Firm, analyzed to a reporter from China Business News that not all of them are the above model
. The platform involved was obviously suspected of self-financing,
which was a violation of regulations.
Xiao Sa said that in accordance with the provisions of the "Measures for the Suppression of Illegal Financial Institutions and Illegal Financial Business Activities", without the approval of the People's Bank of China, absorb funds from unspecified objects in society, issue vouchers, and promise to repay principal and interest within a certain period of time. Activities
Without the approval of
the People's Bank of China, activities that do not absorb funds from unspecified objects in society in the name of absorbing deposits from the public, but promise to perform obligations that are of the same nature as absorbing deposits from the public, are illegal. Take deposits from the public.
However, this may not be the entire reason for the recent large-scale investigation of platforms in various places. With the crazy development of the industry in recent years, various violations of laws and regulations have emerged one after another. Behind the investigation into illegally absorbing public deposits, the regulatory authorities may also have the intention to investigate chronic diseases such as platform fund pools, false bids, and fraud.
&Although the industry has been around for a short time, no industry has ever experienced such chaos. It can be said that no platform is without flaws. The only difference is the severity and nature of the problems. &rA management member of a platform in Shenzhen told a reporter from China Business News that the most harmful factors to the industry and investors at present are false bids, misappropriation of funds, fraud, term mismatch, Self-melting and other issues.
Industry insiders believe that these problems are often associated with the capital pool, forming an integrated and multifaceted structure with the capital pool, ultimately forming a vicious cycle. The capital pool is just a violation and does not involve legal issues. If you want to investigate, you can only start with the illegal absorption of public deposits.
In fact, as time goes by, the platform's methods and methods such as false bidding, misappropriation of funds, and
term mismatches have become more and more hidden.
A person from a platform in Shenzhen said that judging from the information released by the Shenzhen Public Security Bureau, there is no problem with the business model of the platform involved, but there may be a false bidding problem behind it, that is, financing through fake projects
and it can By repeatedly issuing false bids
, a fund pool is formed, and this method is used to redeem the funds upon maturity, while the remaining funds are used for other purposes.
Fund pools have even become the source of illegal fund-raising and fraud on some platforms. According to the above-mentioned industry insiders,
the linkage between offline private equity funds and online platforms has become a commonly used model for platforms. In order to raise funds, some platforms issue private equity funds offline
and then transfer them online. However, once the funds are obtained, they are used for other purposes. In other words, such projects are actually issuing false bids in disguise.
The same goes for term mismatches. "First Financial Daily" reporter learned that some borrowers have used their funds for a long time and were not popular with investors when issuing bids. The platform issued short bids by splitting the bids. After the first loan expired, the use of The same
project was tendered again, and the funds were lent to the borrowing company to return the investors, but the loan was not actually returned. In addition, there are platforms that adopt the method of equal principal and interest. The borrower repays the principal and interest every month, but the platform only pays interest
to the investor and returns the principal
after the expiration of the term. During this process, the principal returned by the borrower was misappropriated by the platform for other purposes.
&It is difficult to say that these models all have problems, but there are great risks. Once they become bad debts, there is a risk that they will evolve into false bids. &rThe above-mentioned Shenzhen platform
people said that there are also some platforms, due to their small scale, there may be mismatches in projects and loans. Funds should be lent for projects, which can easily lead to violations of laws and regulations.
?
Winter is coming
After financial institutions, Fidelity and other platforms were successively investigated by the economic investigation department, the atmosphere in the entire industry suddenly became somber. At many recent events held in Shenzhen, almost all participants looked solemn, and the venues that used to be packed with seats
have also become deserted.
&Everyone is very worried and nervous now. I don’t know who else will be investigated, and the industry may become depressed. &rZhu Mingchun said that after this round of severe investigation and punishment, investors may lose confidence, business development, transaction volume, and the number of participants will all shrink, let alone innovative development.
This is not an individual opinion. Dong Boxun, executive director and general manager of Wanjia Brothers, believes that in the face of such strict supervision, it may have adverse effects on some normally operating platforms. Even if there is no problem with the business
, once investors panic and run, the balance
The station will inevitably have problems and may even collapse.
However, Dong Bochun also believes that in the case of uneven quality in the industry, regulatory investigations can purify the order of the industry, and the intervention of judicial authorities will be beneficial in the long term. Some platforms with relatively standardized business and stable development will Get more room for development
. At the same time, after this battle, the pace of industry development will slow down in the future, and business standardization will be achieved as much as possible.
&In general, adverse effects definitely exist, but we should not be too panicked. Regulators still encourage in the general direction, but we must grasp the degree of innovation. &rZhu Mingchun said that this time has sounded a wake-up call to the entire industry. Platforms must exercise self-discipline and remember what red lines and bottom lines cannot be crossed in the innovation process.
?
Industry insiders interviewed by this reporter all believe that under the current circumstances, it is indeed necessary to impose heavy regulatory blows. However, in the process, they hope to provide relief to those whose businesses are not compliant, or Because the regulations have not clearly violated the regulations but the funds are actually lent to the financing parties,
and are willing to standardize the business
the platform provides opportunities for rectification and standardization.
At the same time, in the face of the sudden regulatory storm, many platforms have begun to take the initiative to rectify themselves. A person from the above-mentioned platform said that the platform has currently carried out self-examination and self-correction. The main contents of the self-examination are job procedures, bid-filling efficiency, whether the funds reach the borrowers in a timely manner, and whether the funds are issued in time. Whether errors occurred during the marking process, etc.
Another platform person also said that the platform has recently held internal exchange meetings to sort out possible irregularities in business. In fact, as time goes by, the platform’s false bids, misappropriation of funds, and wrong deadlines have become apparent. The means and methods of distribution have also become more and more hidden.
A person from a platform in Shenzhen said that judging from the information released by the Shenzhen Public Security Bureau, there is no problem with the business model of the platform involved in the case, but there may be a false bidding problem behind it, that is, financing through fake projects, and it can be through repeated false claims. The target method is used to form a fund pool, and this method is used to redeem the expired funds, and the remaining funds are used for other purposes.
Fund pools have even become the source of illegal fund-raising and fraud on some platforms. According to the above-mentioned industry insiders, the linkage between offline private equity funds and online platforms has become a commonly used model for platforms. In order to raise funds, some platforms issue private equity funds offline and then transfer the income rights online to raise funds. Later, it was used for other purposes. In other words, such projects are actually issuing false bids in disguise.
The same goes for term mismatches. A reporter from "First Financial Daily" learned that some borrowers have used their funds for a long time and were not popular with investors when they issued bids. The platform issued short bids by splitting the bids. After the loan expired for the first time, the same project was used again. Tenders are issued and funds are lent to borrowing companies to return investors, but the loans are not actually returned. In addition, there are platforms that use equal amounts of principal and interest. The borrower repays the principal and interest every month, but the platform only pays interest to investors and returns the principal after the expiration of the term. During this process, the principal returned by the borrower was misappropriated by the platform for other purposes.
&It is difficult to say that these models all have problems, but there are great risks. Once they become bad debts, there is a risk that they will evolve into false bids. &rThe above-mentioned Shenzhen platform person said that there are also some platforms, due to their small scale, there may be mismatches in projects and loans. In order to facilitate the development of business, they first obtain funds through means such as issuing credit cards, and then lend money when they have projects. This is also It’s easy to hit the red line of breaking the law.
Winter is coming
After financial institutions, Fidelity and other platforms were successively investigated by the economic investigation department, the atmosphere in the entire industry suddenly became somber. At many recent events held in Shenzhen, almost all participants looked solemn, and the venues that used to be packed with seats have become deserted.
&Everyone is very worried and nervous now. I don’t know who else will be investigated, and the industry may become depressed. &rZhu Mingchun said that after this round of severe investigation and punishment, investors may lose confidence, business development, transaction volume, and the number of participants will shrink, let alone innovative development.
This is not an individual opinion. Dong Boxun, executive director and general manager of Wanjia Brothers, believes that in the face of such strict supervision, it may have a negative impact on some platforms that are operating normally. Even if there are no problems with the business, once investors panic and run, the platform will inevitably have problems and may even collapse. Lose.
However, Dong Bochun also believes that in the case of uneven quality in the industry, regulatory investigations can purify the order of the industry. The intervention of judicial authorities will also be beneficial in the long run. Some platforms with relatively standardized business and stable development will gain greater room for development. . At the same time, after this battle, the pace of industry development will slow down in the future, and business standardization will be achieved as much as possible.
&In general, adverse effects definitely exist, but we should not panic too much. Regulators still encourage in the general direction, but we must grasp the degree of innovation. &rZhu Mingchun said that this time has sounded a wake-up call to the entire industry. Platforms must exercise self-discipline and remember what red lines and bottom lines cannot be crossed in the innovation process.
Industry insiders interviewed by this reporter all believe that under the current circumstances, it is indeed necessary to impose heavy regulatory strikes. However, in the process, they hope to give some relief to those businesses whose businesses are not compliant, or whose businesses have not yet clearly violated regulations. However, the funds are actually lent to the financier and the platform is willing to standardize its business to provide opportunities for rectification and standardization.
At the same time, in the face of the sudden regulatory storm, many platforms have begun to take the initiative to rectify themselves. A person from the above-mentioned platform said that the platform has currently carried out self-examination and self-correction. The main contents of the self-examination are job procedures, bid completion efficiency, whether funds reach borrowers in a timely manner, and whether errors occur during the bid issuance process.
Another platform source also said that the platform has recently held internal exchange meetings to investigate possible irregularities in business, focusing on self-examination of issues such as false bids, self-financing, misappropriation, and term mismatches. , hoping to standardize the business as much as possible and try to move closer to regulatory requirements. The investigation focuses on self-examination of issues such as false bids, self-financing, misappropriation, and maturity mismatches. It is hoped that the business will be investigated as much as possible. After platforms such as Financial Exchange and Fidelity were successively investigated by the economic investigation department, the atmosphere in the entire industry suddenly changed. There was a chill. At many events held in Shenzhen recently, almost all the participants looked solemn, and the venues that used to be packed with seats became deserted.
&Everyone is very worried and nervous now. I don’t know who else will be investigated, and the industry may become depressed. &rZhu Mingchun said that
After this round of severe investigation and punishment, investors may lose confidence, business development, transaction volume, and the number of participants will shrink, let alone innovative development
.
This is not an individual opinion. Dong Boxun, executive director and general manager of Wanjia Brothers, believes that in the face of such strict supervision, it may have a negative impact on some normally operating platforms. Even if there are no problems with the business, once investors panic and run, the platform will inevitably If something goes wrong, it might even fall down.
However, Dong Bochun also believes that in the case of uneven quality in the industry, regulatory investigations can purify the order of the industry, and the intervention of judicial authorities will also be beneficial in the long term. Some platforms with relatively standardized business and stable development will gain Greater room for development. At the same time, after this battle, the pace of industry development will slow down in the future, and business standardization will be achieved as much as possible.
&In general, adverse effects definitely exist, but we should not be too panicked. Regulators still encourage in the general direction, but we must grasp the degree of
innovation. &rZhu Mingchun said that this time has been a wake-up call for the entire industry. Platforms must exercise self-discipline and remember what red lines and bottom lines cannot be crossed in the innovation process.
Industry insiders interviewed by this reporter all believe that under the current circumstances, it is indeed necessary to impose heavy regulatory blows, but in the process, they hope to
give those whose businesses are not in compliance or are responsible for Opportunities for platforms that have not clearly violated regulations but are actually lending funds to financiers and are willing to standardize their business to rectify and standardize.
At the same time, in the face of the sudden regulatory storm, many platforms have begun to take the initiative to rectify themselves. A person from the above-mentioned platform stated that
the platform has currently carried out self-examination and self-correction. The main contents of the self-examination are job procedures, bid-filling efficiency, whether funds reach borrowers in a timely manner,
and when issuing Whether errors occurred during the marking process, etc.
Another platform source also said that the platform has recently held internal exchange meetings to investigate possible irregularities in business, focusing on false bids, self-financing, misappropriation, and wrong deadlines. Self-examination on distribution and other issues, hoping to standardize the business as much as possible and try to move closer to regulatory requirements