Recently, the China Judgment Document Network has published 25 first-instance civil judgments on financial loan contract disputes of Chongqing JD.COM Tongying Small Loan Co., Ltd. (referred to as "Tongying Small Loan") (24 of which have been Announced on March 16).
New Economy IPO noticed that the 25 judgment documents were all company loans. The borrowing time mainly occurred in 2018-2019, with 275 borrowings, a cumulative borrowing principal of 6.4846 million yuan, and a cumulative overdue principal of 3.7602 million yuan. Yuan (of which 57.98 has not been returned), overdue interest is 179,600 Yuan, and overdue penalty interest is 1.3232 million Yuan (Note: Overdue interest and overdue interest
(Chart data comes from the judgment document)
If The "Civil First Instance Judgment on the Financial Loan Contract Dispute between Chongqing Jingdong Tongying Small Loan Co., Ltd. and Henan Wheat Pig Trading Co., Ltd." published on March 16 by the China Judgment Document Network shows:
September 17, 2018 , the defendant Henan Maizhu Trading Co., Ltd. signed the "JD User Financial Services Contract" with the plaintiff through loan.jd.com (JD.COM Technology-Corporate Finance Official Website). The contract stipulated that the defendant, Shanghai Jinghui Small Loan Co., Ltd., and the plaintiff. and third-party institutions designated by the above-mentioned companies or related parties of the above-mentioned companies to handle financial products and enjoy the services provided under the relevant products. The specific loan information, loan amount, term, etc. under this contract shall be 0100.
If the defendant Henan Maizhu Trading Co., Ltd. fails to repay the principal or interest of the plaintiff's loan as stipulated in the contract, it will be deemed to be overdue, and the plaintiff has the right to request that the loan mature early; the penalty for overdue loan shall be as follows (the principal of the overdue loan has not been repaid) Standard calculation of daily penalty interest rate (loan execution interest rate plus 50%) for overdue days;
In addition, the court found that in order to realize the creditor's rights involved in this case, the plaintiff signed a "Shanghai Zhonglian (Chongqing) Law Firm" "Loan Application Letter", served as the agent of the plaintiff "Beijing Small Loan" in a batch of litigation cases in our court, with 167 cases entrusted, and legal fees paid totaling 167,000 yuan, and each case incurred legal fees of 1,000 yuan.
Industrial and commercial information shows that Chongqing JD.COM Tongying Small Loan Co., Ltd. (hereinafter referred to as "Tongying Small Loan") was established on September 4, 2017, with a registered capital of RMB 1.7 billion. Representative Ma, shareholder Tianjin Oriental Technology Development Co., Ltd. (100). Investigation data shows that the actual controller of Tongying Small Loans is Liu, with 29.87 beneficial shares and 100 voting rights.
Public information shows that in 2013. In early December of this year, JD.COM Mall launched the financial product "Jingbaobei" for suppliers. According to reports, "Jingbaobei" integrates purchasing, sales, and financial data on the JD.COM platform, and then completes automatic processing. Approval and risk control. "Jingbaobei" completes approval, risk control, and loan disbursement online in as little as 3 minutes.
At the end of October 2014, JD Finance launched a new platform for third-party merchants. Financing service "Xiao Jing Loan". According to reports, "Xiao Jing Loan" is a financial product that emphasizes credit, does not require mortgages and guarantees, has high loan autonomy, and has low financing costs, and can be used across the board. Loan repayment. "Xiao Jing Loan" supports loan terms of up to 12 months.
At this point, JD.com Finance has achieved full coverage of suppliers and merchants within the JD.COM system in terms of financing services.
To sum up, it is not difficult to find that the above-mentioned 25 judgment documents of "Tongying Small Loan" as the plaintiff are overdue loans of "Xiao Jingdai".
J.D. According to the official website of COM Technology-Corporate Finance, Beijing small loans can be divided into three product types: credit loans, early repayment, and quick settlement.
On September 11, 2020, the Shanghai Stock Exchange disclosed the prospectus (application draft) of JD.com Digital Branch, which also marked the departure of JD.COM Technology (formerly JD.com Digital Branch) The “No. 1 Digital Technology Stock” on the Innovation Board is one step closer.
In each reporting period (i.e., 2017, 2018, 2019 and the first half of 2020), JD.com.
COM Technology's operating income was 9.07 billion yuan, 13.616 billion yuan, 18.203 billion yuan, and 10.327 billion yuan respectively, maintaining a relatively high growth rate; net profits were -3.82 billion yuan, 130 million yuan, 790 million yuan, and -670 million yuan respectively. Larger fluctuations.
JD Mall
On April 2, 2021, JD Digital Branch withdrew its application and the IPO process pressed the pause button.
During this period, two major events occurred in JD.com’s Digital Science Department. First, on December 21, 2020, Chen Shengqiang, CEO of JD Digital Division, was appointed as Vice Chairman of JD Digital Division and Chief of Staff of JD.COM Group, and Li Yayun, Chief Compliance Officer of JD.COM Group, was appointed CEO of JD Digital Division. Second, on January 11, 2021, JD.COM officially announced the establishment of JD.COM Technology Group (JD.COM Technology for short) to integrate cloud and AI business with JD Digital Branch. At the same time, Li Yayun, the former CEO of JD Digital Branch, will Became the CEO of JD.COM Technology.
It is worth noting that after the change and name change of JD.com’s digital technology department, many old departments of Chen Shengqiang chose to leave, and there were internal reports of business contraction and layoffs throughout JD.COM. Technology is in a period of turmoil.
On January 25, 2023, it was reported that JD.COM Technology plans to IPO in Hong Kong in 2023 to raise US$1 billion to US$2 billion, according to information disclosed on the official website of the China Securities Regulatory Commission. , JD.COM Technology's "Advance Collection Application" was submitted on January 21. As of January 24, the progress has reached the stage of receiving materials.
In response to the news of JD.COM Technology's listing in Hong Kong. , there is a voice in the market that it is largely to appease Chen Shengqiang’s old employees and the news that he is about to move. After all, the realization of equity after the IPO is still very attractive, and it may also be regarded as a part of JD.COM technology employees. Let's get a "Spiritual Year-end Award". Related Q&A: Introduction to Jingbaobei
On December 6, 2013, JD.com officially launched a 3-minute financing service called "Jingbaobei"; this is Since launching its supply chain financing business in 2012, JD.com has launched another rapid financing business based on its Internet genes. Related questions and answers: Beijing-Kunming high-speed railway? How to go about the Beijing-Xiong-Baoxin section?
The long-awaited Beijing-Kunming high-speed railway. The Beijing-Xiongbao-Xin section of the high-speed railway has been undergoing many changes for a long time.
From the original route of Jing-Xiong to Baoding-Shitai,
it will be changed to Jing-Baoding (take the west line and set up Baoding West Station). Tai,
then became Jingxiongbao (with Baoding South Station) and Xin,
and finally became the current Jingxiong (going to northeastern Tianjin and connecting to the Jinxiong Line) Baoding (Take Baoding East Station and cancel the new Baoding South Station)
Picture 2: Dongxinzhou, Beijing-Xiongbaoding
Picture 3: Dongxinzhou, Beijing-Xiongbaoding, reserve the west line of the Beijing-Kunming-Baoding section (West of Baoding, Laishui, Beijing)