On May 22, Red Star Capital Bureau reported that Diguantong, which was reportedly encouraging employees to "invest 1 million yuan to start an internal business", responded to issues such as organizational structure adjustment today.
According to the Securities Times, Diguantong responded that as a startup company, this was one of the hardest decisions that Diguantong had to make since its establishment. With the launch of the company's new strategy, the organizational structure of the company's relevant departments also needs to be adjusted. This adjustment includes job change and staff reduction, involving more than 100 employees in offices in different regions. The company provides employees with N+3 severance compensation.
Red Star Capital Bureau noticed that at the end of April, Diguantong put forward a "leader plan": let employees start their own businesses, with employees contributing 1 million yuan and Diguantong allocating 9 million yuan to establish an SPV, SPV will hire the employee in reverse, form a team and help SPV to continuously tap high-quality assets to be listed on Diguantong Australian Exchange, so as to create investment opportunities and returns.
In the middle of May, DDT released a letter from all staff and responded to relevant questions. According to the Securities Times, Drip irrigation Explain that the plan is to select a group of key personnel and divide them into several teams, which are funded by the company, and the team will follow a part of the investment to form a group of professional investment institutions with different priorities, and explore investment strategies in different fields separately.
According to public data, Diguantong Group is an exchange group that uses financial technology to connect global capital and small and micro enterprises. It was jointly founded by Li Xiaojia, former CEO of Hong Kong Stock Exchange, and Zhang Gaobo, founder of Dongying Finance in 2021. The daily revenue sharing model is its main service. Through this model, stores in catering, retail, service, and cultural and sports industries can be listed on the MCEX to raise long-term funds.
Diguantong will complete a round A financing of 50 million US dollars in November 2021, a round B financing of 70 million US dollars in March 2022, and a round C financing of 458 million US dollars in August 2023. As of April 15, 2024, more than 12000 small and micro enterprises have been listed on the Didiutong Australia Stock Exchange, with a cumulative financing amount of more than 4.4 billion yuan.
At the same time of rapid development, disputes also follow.
In October 2023, Song Xiangqian, the founding partner and chairman of Jiahua Capital, sent a message on the social platform, saying that he could not see any public welfare attributes of Diguantong, nor any innovation. In essence, it was usury, an upgraded version of P2P. Li Xiaojia, the founder and chairman of Diguantong, said in an interview with the media that, based on his years of regulatory experience, the regulatory crackdown is on false disclosure, illegal fund-raising, customer fraud and other acts, which are completely unrelated to Diguantong. "Our investment chain is very clear, where the money comes from and where it is invested is very clear."
Red Star Journalist Yu Yao Intern Journalist Zeng Han
Editor Xiao Ziqi
