登云股份大股东益科系“爆雷”始末

Core Viewpoint - The article discusses the financial troubles of Yike Group, highlighting the shift in their investment products from one-year to two-year terms, leading to a significant number of investors facing unpaid debts totaling approximately 5.8 billion yuan [1][2]. Group 1: Company Background - Yike Group, also known as Yike System, has diversified its operations from mining investments to financial investments, becoming a notable player in the capital market by investing in various financial institutions [2][13]. - The group has a history of issuing investment products, primarily one-year terms, which were previously paid on time, but shifted to two-year terms starting in 2023, resulting in halted payments in 2024 [1][5]. Group 2: Financial Products and Investor Impact - The investment products issued by Yike Group, such as the "Jinjia No. 2 Asset Project," had a minimum investment of 1 million yuan with an expected annual return of 9.0%, and were designed to support the liquidity of the issuer [5]. - Investors reported that the shift to two-year products was not well communicated, leading many to unknowingly invest in these longer-term products, which have since stopped paying returns [5][11]. Group 3: Legal and Regulatory Issues - Legal representatives indicated that the products issued by Yike Group did not comply with regulatory requirements, lacking proper registration with financial authorities, which raises concerns about their legitimacy [3][9]. - The group has faced scrutiny for its fundraising practices, which have been described as a form of illegal fundraising due to the absence of necessary approvals from regulatory bodies [9][10]. Group 4: Current Financial Situation - As of now, Yike Group's personal investor liabilities are reported to be around 5.8 billion yuan, while their realizable assets exceed 10 billion yuan [11][13]. - The company has made commitments to investors regarding repayment timelines, promising to pay at least 40% of the principal within 12 months and aiming for full repayment within 36 months, although many investors have yet to see any payments [11][10].