The financial management and payment crisis in the Xiangyuan branch of the Zhejiang Gold Center is still fermenting. Why did a former provincial financial product trading platform almost become an “exclusive platform” for Xiang Yuan's income rights products has become an unavoidable question in the midst of this default storm. “Zhejiang Gold Center”, the former “Zhejiang Financial Asset Exchange Center Co., Ltd.”, has now been changed to “Zhejiang Zhejiang Gold Asset Management Co., Ltd.” A number of investors told First Finance that in the past two years, most of the Zhejiang Gold Center's products have come from the Xiangyuan series. According to the “Xiangyuan” product registration form provided to the reporter by some investors, as of December 8, the transaction scale of “Xiangyuan” products traded at the Zhejiang Gold Center had exceeded 12 billion yuan. Zhejiang Gold Center's previous shareholders included Ningbo Urban Construction Investment Group Co., Ltd., Guoxin Hongsheng Private Equity Fund Management Co., Ltd., and Minsheng Real Estate Co., Ltd., but all three companies withdrew one after another before the end of 2023. Hangzhou Minzhan Investment Management Co., Ltd. has been on the shareholder list of Zhejiang Financial Center since 2019. Currently, it is the largest shareholder, with a shareholding ratio of 58.57%. After searching, it was discovered that Hangzhou Private Housing and Xiangyuan Departments intersected as early as 2018. The Xiangyuan Family was once a shareholder of Hangzhou Private Housing.

The financial management and payment crisis in the Xiangyuan branch of the Zhejiang Gold Center is still fermenting. Why did a former provincial financial product trading platform almost become an “exclusive platform” for Xiang Yuan's income rights products has become an unavoidable question in the midst of this default storm. “Zhejiang Gold Center”, the former “Zhejiang Financial Asset Exchange Center Co., Ltd.”, has now been changed to “Zhejiang Zhejiang Gold Asset Management Co., Ltd.” A number of investors told First Finance that in the past two years, most of the Zhejiang Gold Center's products have come from the Xiangyuan series. According to the “Xiangyuan” product registration form provided to the reporter by some investors, as of December 8, the transaction scale of “Xiangyuan” products traded at the Zhejiang Gold Center had exceeded 12 billion yuan. Zhejiang Gold Center's previous shareholders included Ningbo Urban Construction Investment Group Co., Ltd., Guoxin Hongsheng Private Equity Fund Management Co., Ltd., and Minsheng Real Estate Co., Ltd., but all three companies withdrew one after another before the end of 2023. Hangzhou Minzhan Investment Management Co., Ltd. has been on the shareholder list of Zhejiang Financial Center since 2019. Currently, it is the largest shareholder, with a shareholding ratio of 58.57%. After searching, it was discovered that Hangzhou Private Housing and Xiangyuan Departments intersected as early as 2018. The Xiangyuan Family was once a shareholder of Hangzhou Private Housing.