Yixin is a complex equity investment that is gradually revealing the tip of the iceberg. The Securities Times reporter recently combed through various sources and found that Yixin has established a private equity parent fund investment team since 2013, mainly through 3 equity institutions. The three equity institutions are Beijing Yuying Asset Management Co., Ltd., Beijing Hanfu Asset Management Co., Ltd., and Shenzhen Puze Zhongfu Asset Management Co., Ltd. According to the filing data of the China Securities Investment Fund Industry Association, the total management scale of these three equity institutions is at least 17 billion yuan. According to statistics on the registered capital of unliquidated management funds, the scale exceeds 26 billion yuan. Also, according to ZERONE data, the above 3 equity institutions have invested in more than 180 sub-funds as parent funds. Cooperating institutions include leading general partners (GPs) such as IDG Capital, Qiming Venture Capital, Eli Lilly Asia Fund, and Jingwei Venture Capital. It can be seen that equity penetration into these parent funds is mainly individual investors. With Yixin's recent investigation and criminal coercive measures being taken against the actual controllers, Downing Ning and Zhao Mei, it is still unclear how these huge and complex equity investment funds will be liquidated.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.