It is understood that since last September 1 1, Phoenix Zhixin, an online loan information intermediary service platform under Phoenix Finance, suddenly stopped all online loan products and stopped paying principal and interest to lenders, causing panic among lenders, involving a loan balance of nearly 65.438+000 billion yuan, with more than 70,000 lenders. Some investors? Cash out? To millions of dollars. According to public information, the actual controller of Phoenix Finance is Lily He, the chairman and CEO of the company.

His other identity is the son-in-law of Liu Changle, the founder of Phoenix TV. Up to now, there are still a large number of investors who have not received the money, which has triggered collective condemnation and rights protection of investors, and also pointed the finger at Phoenix Satellite TV. In fact, Phoenix Finance and Phoenix Satellite TV are inextricably linked. After the equity penetration, Lily He indirectly holds 765,438+0.97% of the shares, and Phoenix Zhixin is the main company providing conventional financial services for Phoenix Finance. Phoenix Financial Group was established in August, 2065438+2004, and its business sector involves online loans, funds and overseas. As of June 5438+1October 65438+May 2020, the accumulated transaction amount of Phoenix Finance exceeded 1000 billion yuan, and the registered users exceeded11million. From September 1 1 in 2020, Phoenix Finance suddenly stepped forward and stopped paying the principal and interest to the lenders, mainly focusing on two wealth management products, namely Feng Chu Plan and Feng Ying Plan. On September 30 last year, Phoenix Finance announced that there were no online rumors. Thunder? Or? Run away? . Some products are not paid in time. First, some borrowers are in arrears. Second, in September, the platform stopped the new target matching transaction business and promised? According to the matching objects of the loan users, the loan users receive the money in installments. . Phoenix official website shows that the operating data in July 2020 shows that the balance of platform loans is 654.38+002 billion yuan, and the number of lenders is 765.438+0569.

In fact, so far, the large-scale overdue problem of Phoenix Finance has not been solved. According to the official news of Phoenix Finance, as of April 22nd, 20021year, * * * 35,229 people submitted their applications for withdrawal of shares, and 8,096 people completed their withdrawal. After waiting for a long time to get back the money, investors began to collectively defend their rights. Phoenix TV pays back, and Phoenix Finance pays back? Banners.