The person in charge of the ＂group loan network＂ accused of illegally raising 14.5 billion yuan was taken compulsory measures.

　　On March 28th, the police in Dongguan City, Guangdong Province reported that the online loan investment platform of Tuandai.com (hereinafter referred to as "Tuandai.com") was put on file for investigation on suspicion of illegally absorbing public deposits, which meant that another online loan platform was shut down due to violation of the law. The upstream journalist learned that as of February 28, the total loan balance of "Group Loan Network" had exceeded 14.5 billion yuan.

　　In addition, after the "Group Loan Network" was shut down, Tang Jun, another A-share listed company under the actual controller, also announced the suspension of trading. A person familiar with the matter said that the "group loan network" may have a financial deficit due to the break of the capital chain, and another main reason is that the "group loan network" failed to complete the filing due to violations.

▲ Notification from Dongguan Public Security Bureau.

　　The lender’s annual return rate of 970,000 is higher than that of similar platforms.

　　According to the industrial and commercial data of enterprise investigation, the main operator of "Tuandai.com" is Dongguan Tuandai.com Internet Technology Service Co., Ltd., which was established in 2011 and officially put into operation in 2012. It is a peer-to-peer lending information intermediary service platform dedicated to helping small and micro enterprises. As of May 2017, the derivative group of the parent company of "Group Loan Network" has completed a total financing of RMB 1.8 billion.

　　The upstream journalist saw in official website that as of February 28th, the total loan balance of the group loan network was more than 14.5 billion yuan, the interest balance was more than 1.3 billion yuan, the loan balance reached more than 390,000, the total number of borrowers was more than 970,000, and the number of registered people exceeded 8.36 million.

▲ According to the data of the group loan network, the current total loan balance has reached 14.5 billion yuan.

　　At the same time, the reporter noted that official website, a "group loan network", said that the highest annual return rate of automatic bidding could reach 11.5+3.5% in 36 months and 10+3% in December. The average annual return rate of similar platforms in 36 months is 8.4%; The average annual rate of return in 12 months is only 8.5%. Insiders of the online lending platform analyzed that the "group loan network" can reach a loan balance of 14.5 billion yuan in less than seven years, which is closely related to its high rate of return, but the high annual rate of return also has high financial risks. "This analysis, ‘ Group loan network ’ The closure has a lot to do with its financial pressure. " Insiders of the online lending platform said.

　　In addition, the reporter learned that on March 23, Tang Jun, the founder of the group loan network, mentioned at the meeting of offline big customers held by the group loan network in Dongguan that if it could not be put on record in the end, the group loan would buy back the bonds held by investors and use the company’s own funds as entrusted loans.

　　A number of investors revealed to reporters that the platform had experienced unstable income at the beginning of this year. The investment amount ranges from 1,000 yuan to millions of yuan. "I just took a fancy to the return of high interest rates. I have been investing for more than two years. I didn’t expect a sudden thunderstorm. Some of them have been withdrawn in advance, and some of them are still in the account. I don’t know if they can return after the expiration. " Investor Mr. Wang said.

　　According to a video provided by netizens, it is suspected that on the evening of March 27th, a large number of special police officers seized the headquarters of "Group Loan Network" in Dongguan Zhongchuang Financial Street, showing that five suspects were taken away by the police that day. On March 28, the reporter contacted the customer service staff of Zhongchuang Financial Street, and the other party said that the action on the evening of March 27 was a routine inspection of "714" anti-aircraft guns (referring to some high-interest online loans with a term of 7 days or 14 days, and "anti-aircraft guns" refers to their high "beheading interest" and overdue fees).

▲ The stock of the derivative group in which Tang Jun is the actual controller has been suspended.

　　The suspension of the affiliated company was alleged to be related to the "Little Yellow Dog" project.

　　According to the information of official website, Tang Jun, the founder of "Group Loan Network" mentioned in the police report, is also the chairman of Derived Technology Group Co., Ltd. (hereinafter referred to as "Derived Group") and "Little Yellow Dog".

　　On March 28th, shortly after the police announced Tang Jun’s surrender and compulsory measures were taken, the derivative group announced the suspension of trading and proposed that it would resume trading after disclosing the relevant announcement. On the same day, in the 2018 annual report released by the "Derivative Group", it was proposed that the net profit attributable to shareholders of listed companies in 2018 was 370 million yuan, which was 24% lower than that attributable to shareholders of listed companies in 2017.

　　The "Little Yellow Dog", which is also a subsidiary of Tang Jun, announced that the operating entity of Little Yellow Dog is Little Yellow Dog Environmental Protection Technology Co., Ltd., and the group loan network are two independent legal entities. There is no business connection between the environmental protection industry operated by Xiaohuanggou and the Internet finance industry operated by the group loan network. At present, Little Yellow Dog is operating normally.

　　The reporter learned that Xiaohuanggou Environmental Protection Technology Co., Ltd. was established in August 2017, specializing in new intelligent waste sorting and door-to-door recycling. Up to now, Little Yellow Dog has been laid out in 34 cities including Beijing, Shanghai, Guangzhou and Chongqing, and has installed relevant equipment in 6873 residential communities.

　　However, a person familiar with the matter suggested that the registration time of Xiao Huanggou was less than two years and the registered capital was 100 million yuan. According to the current layout, the actual income of Little Yellow Dog is not enough to support its large-scale expansion and operation. Therefore, it is possible that Tang Jun will invest the funds of "Group Loan Network" into the "Little Yellow Dog" project.

▲ The Xiaohuanggou project invested by Tang Jun’s subsidiary group said that everything is normal at present.

　　The police advised investors to report the case as soon as possible.

　　On March 28th, the reporter repeatedly contacted "Group Loan Network" through customer service phone, client, WeChat, Weibo and other platforms, but all indicated that it could not be connected or the customer service was not online.

　　The reporter noted that the police report not only mentioned that Tang Jun and Zhang Lin, the actual controllers of the "group loan network", were put on file for investigation and were taken compulsory measures for allegedly illegally absorbing public deposits, but also announced the registration method and expressed the hope that investors would actively cooperate with the public security organs to carry out investigation and evidence collection.

　　Dongguan police replied to the upstream journalist that all the registration channels have been opened at present, hoping that investors can reflect the situation and demands from reasonable and legal channels and register as soon as possible.