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the debt wave in shanghai: the collision between private capital and banks


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jiang lei, as the main investor of the new company, is a debt disposal dealer with many years of experience. he has been engaged in the disposal of non-performing assets since the 1990s. he has witnessed the transformation of the financial market from closed to open, seen the difficulties of banks, and saw the power of private capital. he believes that in the next few years, the non-performing rate of operating loans will explode, and new opportunities will emerge.

"banks mainly rely on judicial auctions and packaging to non-performing asset companies to dispose of non-performing assets. however, judicial auctions have formed a barrier lake. there are too many disputes and banks cannot handle them all." jiang lei said that he hopes private capital can join the debt field and use its own advantages to promote market development.

simba's douyin account has become the key to connect the entire upstream and downstream, promoting the model of "rich people can buy assets, poor people can contribute" to every corner. his team includes a lawyer team, an asset analysis team, a photography team, and an auction company team. in the future, he plans to train more simbas to open up this huge market.

yao ankang is the second largest shareholder and the founder of the company. he is an entrepreneur who used to manufacture supporting equipment for car factories. he experienced the great changes in the automotive industry and finally found new opportunities. in 2023, he found a foreclosed house at an auction in the community, and the price was only a quarter of the real estate. this made him realize that the debt dividend was coming, and he began to have a deep understanding of the non-performing asset industry, and finally met simba.

"his abilities can be leveraged," said yao ankang. he is full of confidence in simba's team and believes that there will be a new spring in the future.

from banks' concerns about the non-performing rate of operating loans to the active layout of private capital, to the efforts of the team and market opportunities, all of this has converged into a magnificent financial wave that is changing the landscape of the financial market.