中融信托债权人最关心的几大核心问题

Core Viewpoint - The sudden suspension of partial products by Zhongrong Trust since September 2023 has left nearly 30,000 individual creditors and 2,000 institutional creditors in a predicament regarding their rights protection, with billions of funds unaccounted for, severely damaging the credibility of the financial industry and related departments [1][10] Group 1: Redemption Core - Creditors are primarily concerned about the recovery of their principal, the timeline for repayment, and the proportion of funds that can be retrieved [3][12] - Only a few high-quality infrastructure and government credit products have achieved full repayment, while most products lack a clear repayment schedule, leading to repeated inquiries about a phased repayment plan and the timing of each payment [3][12] - Known repayment ratios include 86.54% for Junrui 175 and over 40% for Rongya 68, while products like Cheng'an 96 face risks of principal loss due to project bankruptcy, raising questions about how repayment ratios are determined [3][12] Group 2: Asset Truth - Creditors express doubts about the authenticity and transparency of underlying assets, questioning whether funds have been improperly pooled and redirected to high-risk areas like real estate or related enterprises [4][13] - There is a demand for disclosure of asset transparency and proof of fund flow, as well as updates on whether corresponding assets have been auctioned, transferred, or restructured [4][13] - Creditors are also concerned about obstacles in asset disposal, such as unsold real estate and disputes over priority claims on mortgaged assets, seeking solutions to these bottlenecks [4][13] Group 3: Disposal Path - Creditors are focused on the overall framework and direction of risk disposal to avoid losses due to changes in disposal models [5][14] - There is uncertainty regarding whether the company will enter bankruptcy proceedings, with conflicting statements from staff causing concern about prolonged repayment cycles and altered priority of claims [5][14] - Creditors are also worried about the relationship between Zhongrong Trust's disposal and the bankruptcy proceedings of Zhongzhi, seeking confirmation that these processes are separate [5][14] Group 4: Rights Protection Choices - Creditors face dilemmas regarding effective paths for rights protection, debating whether to pursue lawsuits or criminal reports [6][17] - There are concerns about the effectiveness of lawsuits in securing claims and the potential costs and lengthy timelines involved, as well as the applicability of criminal reports [6][17] - Creditors who have already filed lawsuits are interested in the priority of asset preservation and how to proceed if cases are stalled due to procedural issues [6][17] Group 5: Fairness Issues - Creditors are questioning the fairness of the repayment process, particularly regarding the existence of preferential treatment for certain groups [7][18] - There are rumors of differential repayment practices for institutional investors and large fund holders, prompting demands for clarity on the repayment order between ordinary creditors and special entities [7][18] - Concerns also extend to the consistency of repayment across similar products, with calls for a unified disclosure of asset disposal progress to ensure all creditors are informed [7][18] Group 6: Special Appeals - Special groups, such as the elderly or those with serious illnesses, are seeking priority in repayment, expressing dissatisfaction with the current handling of their appeals [8][20] - Creditors are eager to know if there will be mechanisms for prioritizing repayments for vulnerable groups and how quickly they can expect responses to their appeals [8][20] - There are complaints about the difficulty in communicating with the company and a desire for more efficient channels for feedback and direct engagement with regulatory bodies [8][20]