Another well-known 10 billion private placement joined the self purchase army.
On April 26, the well-known private placement of ningquan assets announced on the official wechat that it would use its inherent funds to purchase 110 million yuan of its funds from now on.
The announcement said that as of March 31, ningquan assets had held about 100 million yuan of its funds and had not been redeemed since the purchase. After the completion of this investment, the company holds a total of about 210 million yuan of its funds.
Ningquan asset was founded by Yang Dong, former general manager of Xingquan fund and asset management boss. Yang Dong has 31 years of experience in securities industry. He has successively served as assistant general manager of China Industrial Securities Co.Ltd(601377) Shanghai business department, deputy general manager of securities investment department, deputy general manager of Shanghai business department, general manager of securities investment department, assistant president and investment director. For ten consecutive years from 1992 to 2001, he created a brilliant record of continuous profit and no loss for China Industrial Securities Co.Ltd(601377) self operated Department.
On September 30, 2003, Yang Dong went to Xingquan fund as general manager. When the A-share broke through the high of 6000 points in 2007, Yang Dong "urged" fund holders to redeem the stock fund in the form of an open letter. When the Shanghai Composite Index stood at 4414 points in the last bull market in 2015, Yang Dong publicly reminded the risk again and expressed his concern about the market. Therefore, he is known as "conscientious fund manager".
At the beginning of this year, ningquan assets said that the market will be more complex in 2022, and it may be difficult to have a generally recognized track and direction. In fact, this is the normal state of the market. Ningquan should prefer this complex and delicate market. This year, ningquan will still maintain the mentality of a young year, not to game the popular varieties with high valuation, and not to bear the risk of insufficient income compensation.
Surging news previously reported that many private equity institutions have enhanced investor confidence by purchasing their own funds.
According to the incomplete statistics of private placement network, as of April 22, 16 private placements have announced self purchase this year, with a self purchase amount of 2.585 billion yuan. In addition to the data of ningquan assets, 17 private placements announced self purchase, with a self purchase amount of 2.695 billion yuan, of which 13 private placements of 10 billion yuan are the main force involved in self purchase, with a total self purchase amount of 2.568 billion yuan. In addition to ningquan, the self purchase amount of Shifeng assets, Kaifeng investment, Jiukun investment, Jinglin assets, Hanhe capital, Yong'an Guofu, magic square quantification and Lingjun investment also exceeded 100 million yuan.
Li Chunyu, founder of private placement network, said that private placement self purchase, on the one hand, recognizes that the current market is at the bottom and is full of confidence in the next market; On the other hand, through self purchase, this way of interest binding can enhance investor confidence, reduce the losses caused by investors' irrational redemption, and improve investors' holding experience.
