Six years after the myth of "Delong Department" was shattered, another private capital department, "Tianbao Department", came to the brink of bankruptcy. According to media reports, on February 20 10 and February 0 10, China Banking and Insurance Regulatory Commission issued a loan risk warning for NSFC in the national banking system. It is reported that this warning is one of the few warnings given by the CBRC to "loans to large-scale affiliated enterprises" after the "Delong Department". According to the exact information learned by this newspaper, the credit line of the main members of Tianbao Department is 65.438+06.066 billion yuan, and the loan balance is 5.677 billion yuan, resulting in non-performing loans and overdue loans totaling 3.286 billion yuan. A related person from the China Banking Regulatory Commission told this newspaper that "the China Banking Regulatory Commission has distributed the case report to local banking regulatory bureaus." At present, banks involved in "Tianbao" loans have launched an asset preservation war against their assets. Since entering the public eye, Tianbao Group of Zhou Tianbao has been shrouded in layers of fog, and the intricate and labyrinthine equity relationship of its subsidiaries cannot be clarified even by insiders. The rumors of tight capital chain have also been accompanied by the "Tianbao Department". As early as 2004, Tianbao Group was short of funds, and the news that employee placement and follow-up investment were greatly discounted after the acquisition of ST Songliao was reported in newspapers. However, at that time, these voices were covered up by the good news of the partial acquisition of Tianbao Department. It was not until the global financial crisis in 2008 that Zhou Tianbao's Beitai Venture became the first listed company in China to fall in the financial crisis. At the beginning of 2009, Beitai Venture applied for liquidation in Hong Kong due to the loss of foreign exchange contract of US$ 24 million and the debt recourse of the partner of RMB 326.6 million. Subsequently, Zhongshun Bus, which was established after Zhou Tianbao acquired ST Songliao, was also discontinued due to the break of the capital chain. Huahui Zhongshun Automobile Sales Co., Ltd., controlled by Zhou Tianbao, is the largest shareholder of st Songliao, and all its shares are pledged because of borrowing from natural persons. In fact, last year, the Banking Association issued a warning on the bank's "Tianbao Department" loan.