Group 1 - West Asset Management has been listed as a defendant by the Shanghai Financial Court with an execution amount of 291 million yuan, which is 75% of its projected annual revenue of 384 million yuan for 2024 [1] - The company reported a net profit of only 50.67 million yuan for the previous year, indicating significant financial pressure due to the execution amount [1] - The second-largest shareholder, Lide Technology Co., Ltd., has faced multiple legal issues, including three execution cases totaling 1.493 million yuan, and the freezing of shares in several subsidiaries [1] Group 2 - The execution is related to a commercial dispute arising from the operation of a specific asset management product, with the Shanghai International Arbitration Center ruling that the asset management plan must bear the corresponding principal, interest, and arbitration fees [2] - The company clarified that it acts solely as a manager representing the asset management plan and does not bear the debts incurred by the plan's assets, aligning with the principle of asset independence in financial regulations [2] - As of the end of Q3 this year, West Asset Management's total fund assets exceeded 113.4 billion yuan, placing it 55th among 162 licensed public fund institutions in the market [2]
因专户产品纠纷,西部利得基金突遭执行2.91亿
2 1 Shi Ji Jing Ji Bao Dao·2025-11-20 07:05