Suspended acceptance of applications, Zhongrong Trust: there has been a huge redemption, and a woman who bought 300000 yuan of wealth management cannot redeem it. Ms. | Company | Redemption
From the morning of August 14th to the afternoon of August 15th, Ms. Yang, 52, has been staying in the office of Zhongrong International Trust Xi'an Branch, with the only demand being to immediately redeem her 300000 yuan financial product.
"Although it is a daily financial investment that can be redeemed at any time, it cannot be taken out now. The child is still waiting for medical treatment in the hospital." On the afternoon of August 15th, after receiving feedback from the hotline, a reporter from Huashang Daily came to the Xi'an branch of Zhongrong International Trust located on Tangyan Road. In an office, she saw Ms. Yang, who was feeling weak, and there were snacks and yogurt provided by the trust company staff on the table. She refused to eat them, and the bread specially brought by the reporter also refused to eat.
![Suspended acceptance of applications, Zhongrong Trust: there has been a huge redemption, and a woman who bought 300000 yuan of wealth management cannot redeem it. Ms. | Company | Redemption](https://a5qu.com/upload/images/704d0d64c6efeb92d422a8a91e038b3e.jpg)
Ms. Yang told reporters that she knows a financial manager of the company and introduced her purchase of a daily financial product worth 300000 yuan. She said that the interest rate is over 3%. She purchased it in July and can redeem it at any time through the app, which is all of her savings. A few days ago, because her child needed money to be hospitalized, she wanted to redeem some of it. However, she found that it was no longer possible to do so. She asked the financial manager and said that there was something wrong with the company. Currently, the redemption of this product is temporarily suspended. Ms. Yang panicked and realized that this was the child's life-saving money. Helplessly, she rushed to the trust company, hoping to receive the cash immediately.
On Ms. Yang's mobile phone, the app displays "My Asset 300162.39", with the asset name "Zhongrong Rixiang 61 Collective Fund Trust Plan" and an expected expiration date of July 12, 2028. Trustee: Zhongrong International Trust Co., Ltd. At the same time, there is a notice regarding the suspension of accepting redemption applications for the Zhongrong Rixiang No. 61 Collective Fund Trust Plan: Considering that this trust has experienced significant redemptions for two or more consecutive open days, starting from today, the Rixiang No. 61 Collective Fund Trust Plan will suspend accepting investor redemption applications, and the settlement date will be August 9th.
![Suspended acceptance of applications, Zhongrong Trust: there has been a huge redemption, and a woman who bought 300000 yuan of wealth management cannot redeem it. Ms. | Company | Redemption](https://a5qu.com/upload/images/75a2513580425fa76bc95bcbeed43a27.jpg)
Regarding Ms. Yang's situation, the company staff explained that due to the impact of the Zhongzhi incident, other products of the company had problems. However, Ms. Yang purchased the lowest risk currency wealth management product, just like the bank's daily wealth management product, which is definitely safe. Due to the sudden occurrence of a huge redemption, the company has suspended the redemption and currently requires time for fund operation, which will definitely ensure the safety of the product. "For Ms. Yang's special situation, we have already submitted an urgent application to the headquarters at noon on August 14th, hoping that the special situation will be handled specially. We are currently waiting for news.".
The reporter and staff repeatedly advised Ms. Yang to eat something and take care of her health, but she always refused.
![Suspended acceptance of applications, Zhongrong Trust: there has been a huge redemption, and a woman who bought 300000 yuan of wealth management cannot redeem it. Ms. | Company | Redemption](https://a5qu.com/upload/images/8606759200348d0f24dfd88df9758ba3.jpg)
Ms. Yang said that the person in charge of Zhongrong had promised to solve the problem on August 16th, and for such a large company, it should not be difficult to pay 300000 yuan. The reporter from Huashang Daily left a phone number hoping to contact the person in charge, but as of the time of publication, no response has been received.
According to the annual report of Zhongrong Trust, the controlling shareholder of the company is Jingwei Textile Machinery, the actual controller is China Machinery Industry Group, and the ultimate beneficiary is the State owned Assets Supervision and Administration Commission of the State Council. The China Trust Industry Association also mentioned in the "China Trust Industry Development Report" released in May this year that Zhongrong Trust is a trust company controlled by central enterprises.
![Suspended acceptance of applications, Zhongrong Trust: there has been a huge redemption, and a woman who bought 300000 yuan of wealth management cannot redeem it. Ms. | Company | Redemption](https://a5qu.com/upload/images/f566c2c00769416608f3abad810a7fd3.jpg)
According to media reports, "On August 14th, at No. 3 Dongfeng South Road Courtyard in Chaoyang District, Beijing, there were more security guards than before. The main body of Zhongrong Trust located here was in turmoil due to product overdue payment."
The original title was "Buying 300000 yuan from Zhongrong Trust Daily Enjoy Wealth Management, Promised to Withdraw at Any Time, but Suddenly Unable to Redeem"
![Suspended acceptance of applications, Zhongrong Trust: there has been a huge redemption, and a woman who bought 300000 yuan of wealth management cannot redeem it. Ms. | Company | Redemption](https://a5qu.com/upload/images/64b26f7467f18e61a2b7587ee1d8315a.jpeg)