The product debt party of the Minmetals Trust seeks 18 months of the exhibition, and the investor said that some products have paid 20%of the principal

Author:Daily Economic News Time:2022.06.17

Recently, a number of investors reported to each reporter that the "Minmetals Trust-Dingxing Series Collection Fund Trust Program" they purchased had problems that could not be redeemed due to expiration.

On June 16, according to the latest investor, investors in the 1-5-phase product have received the principal redemption, with a redemption amount of 20%. The trustee's Minmetals Trust recently issued a temporary information disclosure announcement.

It is understood that according to the information disclosed by the Minmetals Trust's official website, the Dingxing series disclosed a total of 15 product announcements. According to the "Minmetals Trust-Dingxing [9] Collection Fund Trust Plan" provided by investors, the scale of the fund planning of this product plan does not exceed 163 million yuan.

In addition, the trust contract shows that the trustee of the product is a fairy trust, and the custodian is the Beijing Branch of China Merchants Bank Co., Ltd. After the trust plan is established, the trustee will use the trust plan for the trust plan in accordance with the agreement of the "Credit Credit Transfer Contract Contract" to be transferred to Shenzhen Wushunfang Commercial Factory Co., Ltd. RMB 163 million.

Investors said that the tortual trust-Dingxing Series 1 and 2 expired on March 30, the 3-5 period expired on April 30, and the 6-11 period expired on May 31. 12- The 15th period expired on June 18.

According to the information provided by investors, the Ministry of Field Trust issued a temporary information disclosure announcement on June 1 this year. The announcement stated that as of the temporary announcement date, the debtor has not yet repaid the debt under the trust plan, and the relevant enterprises have not fulfilled the difference and guarantee the guarantee obligations. The transaction opponent has constituted a substantial default under the transaction contract.

Recently, the trustee (Minmetals Trust) has received the "reply letter" on the construction of Shimao Construction on the project exhibition plan. (Including) Internal compensation is not lower than 20%of the total scale of the trust plan of this trust plan; the repayment of the trust plan of the trust plan of the trust plan during the 13 months to 15 months (inclusive) after the original expiration expires 25.33%; Refund all the trust principal of the trust plan from 16 months to 18 months (inclusive) after the original expiration period, and other trust benefits that have been repaid but not repaid.

The Dingxing 9 trust contract provided by investors shows that the product type is a fixed income class, the risk level is R3, the performance comparative benchmark is 5.80%, the investment period is 365 days, and the single subscription amount is more than 1 million (inclusive).

The trust contract shows that after the establishment of the trust plan, the trustee (Minmetals Trust) will use the agreement of the trust plan in accordance with the agreement of the "Credit Credit Transfer Contract Contracts" to be transferred to Shenzhen Wushun Fang Commercial Factory Co., Ltd. (hereinafter referred to as abbreviated "Shenzhen Wushun Fang") The debt of the receivables held by the transfer of the transfer of the transfer price does not exceed RMB 163 million. The amount of creditor's rights transfer is the sum of the amount of the debt of each receivable.

The relevant person in charge of the Ministry of Field Trust replied to the reporter: "As the trust managers of the trust plan, our company has always fulfilled their duties and actively communicated with Shimao Group. The corresponding repayment and guarantee obligations under the plan. After the trust plan expires, our company received the "reply letter" on the construction of Shimao Construction on the project exhibition plan to apply for the trust plan to be postponed for 18 months. Our company will continue to make every effort. Until Shimao Fang's realization of disposal assets, repay the expiration debt, and effectively safeguard the security of trust property and the benefits of the beneficiary of the trust. "

Daily Economic News

- END -