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recently, the dispute over blackrock capital has escalated again.

this private equity firm once angrily criticized investors on its official weibo account because its private equity manager qualification was revoked. previously, its official weibo account claimed that investors had been "reporting and complaining" about the company, which finally caused the company to lose its fund manager qualification.

it is worth noting that blackrock capital recently publicly condemned six investors on its official weibo account, accusing them of being hostile to the company with unfounded views on the issue of fund liquidation and repayment since 2020, and that multiple lawsuits and arbitrations were all dismissed.

blackrock capital publicly condemned investors

"hostility towards the company based on unfounded views"

recently, blackrock capital posted on its official weibo account that six investors of the company's zhenlong fund, including zhang moujie, zong mouhua, and chen moujiang, have been arguing with the company over the issue of fund liquidation and repayment since 2020.he started to be hostile to the company based on his own unfounded opinions after studying finance.there are no less than 15 cases, including lawsuits and arbitrations, all of which were dismissed on the grounds that they had no legal basis and were contrary to facts.

according to an article published by blackrock capital, since the end of 2023, six investors have hired shanghai's top law firm, "xiao ze chang", to represent their fund interests, and held an investor meeting on their own, declaring that the fund was "liquidated" by their will on the grounds that the manager and custodian were unable to attend.investors also bypassed the company and the fund custodian to directly find the fund's payee and send a letter to demand huge sums of money.。

in response, the company publicly condemned the six investors mentioned above.

blackrock capital believes that the investor's behavior has violated the relevant terms of the fund contract. based on the principle of friendly negotiation, the investor's fund shares have been marked as "preservation-freeze" in the company's fund system until the fund shares are transferred. other investors in the fund are requested not to be disturbed. the company will strictly follow the fund contract and fund liquidation procedures.

the official website of the china securities association shows that the largest shareholder of blackrock capital is guo yunruo, who holds a 70% stake; beijing redstone international capital management co., ltd. is the second largest shareholder, holding 20%; and beijing nuoyan dingsheng investment management co., ltd. holds 10%.

tianyancha information shows that blackrock capital has been involved in 16 legal cases, 25% of which were disputes over property damage compensation, and 25% of which were related to daqin (beijing) investment management co., ltd. in addition, 75% of the cases involved defendants. it is worth noting that on may 6 this year,the company's actual controller guo yunruo was restricted from high consumption. in april 2023, the beijing financial court issued a consumption restriction order against blackrock capital.

he once angrily accused investors of "destroying their jobs"

investors' money "cannot be withdrawn for the time being"

on may 31, 2024, blackrock capital released a notice on its official weibo account regarding the cancellation of the company's fund manager registration qualification. the company claimed that it received a notice from the china securities association on april 25, 2024 that the company's fund manager registration qualification had been cancelled. this means that the company will not be able to carry out new business, and there will be no impact on the existing funds that have been filed. please be aware of this.

blackrock capital's response statement has attracted market attention. blackrock capital said that since 2019, the company has been "reported and complained" by investors. the company solemnly expressed its gratitude, "due to your continuous efforts, our company has finally lost its qualification as a fund manager."

as early as november 2022, blackrock capital issued a statement saying that some investors would be blacklisted since november 2018.the company was complained, reported, intimidated, threatened, and maliciously spread by a small number of investors that the company was engaged in illegal fundraising and fraudulent activities, resulting in the company rarely developing new businesses and it was difficult to continue operating.blackrock capital claimed that it would use all rights stipulated in the fund contract and laws and regulations to resolutely respond to investors who created difficulties for the company and made malicious complaints and reports.

on august 4 this year, the company posted a message on its official weibo account to respond to investors’ questions, which also highlighted the operational difficulties faced by the company.

at that time, blackrock capital said that the cancellation of the company's private equity fund qualification would not affect the existing funds. the cancellation only meant that new funds could not be issued. for the existing funds, there was a fund contract as the basis for the continued existence, so there would be no impact.

as for when investors’ money can be returned,the company apologizes.since the fund is invested in the invested enterprise, the operation and listing of the invested enterprise determine the fund's exit. now the survival of the invested enterprises is generally not good.so i can't withdraw for the time being.。

it is worth noting that when the company's private equity manager registration qualification was cancelled, two products had been liquidated, including hualin private equity investment fund and hualin private equity investment fund no. 2. when the company's private equity manager registration qualification was cancelled, the products that were not submitted for liquidation in the system included black rock yisheng phase ii, black rock phase iii investment fund, black rock phase v investment fund, etc., a total of 24 private equity products, including zhenlong m&a investment fund.

reporter|yang jian

edit|duan lian xiao ruidong gai yuanyuan du hengfeng

proofreading| chen keming

cover image: visual china (image and text are unrelated)

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