Special topic: the bribery case involving Cai Songsong, the former manager of Nuoan Fund, has been heard.

Sure enough, Ki-min was angry and said to claim compensation from the Nuoan Fund one after another!

Claim for compensationWilderinocasinoThe team is growing, and it is the voice of everyone to protect the rights and interests of investors through legal weapons. Investors who want to participate in the claim to the Noan Fund might as well continue to pay attention to the follow-up news of 007!

At present, no details of Cai Songsong's case have been released, but relevant information has been released, and he is likely to be involved in conspiring to operate the shares of a listed company.

Among them, the news of Caixin is more detailed:

The Nuoan Fund probably knew about the situation before Cai Songsong left, but did not choose to disclose the relevant information, but let Cai Songsong leave on his own, so that he could keep the scale of the product and continue to collect management fees:

Of course, the specific operating methods of Cai Songsong and another fund manager have not been explained by the parties concerned. However, there is no doubt that there is a responsibility for the problems in the internal management process of the Nuoan fund and the failure to explain the situation to the holders after the accident of the fund manager, resulting in the losses of investors.

There is also a big V analysis, Cai Songsong's problem may not be just the operation of a listed company, another possibility is that securities firms pay bribes and fund managers take bribes. The high probability is that the securities firm pushes the customer's ticket, and the fund manager takes the offer in a high position to cooperate with the listed company to make a profit from it. This may involve the high price of new shares or the higher stock prices of fund managers with the money of Ki-min, or even some stocks with no investment value for fund managers to take over, from which the fund managers get a good deal of fees, while Ki-min has suffered heavy losses.

According to sources in the circle, private equity companies or large investors take orders for goods with a market value of 100 million yuan, generally receiving 5-6%, that is, about 6 million, while unscrupulous intermediaries collect 10%; companies with rubbish revenue and profits start at 15%, but fund managers generally get about 1-2%. The person who comes out to pick up the job is generally at the investment director or vice president level in the public offering company, but it is not clear whether the chairman or president has come out to pick up the business.

In addition, it is obvious that financial supervision has become stricter in the past two years, and the leaders of various subdivision industries, such as banks, regulators, securities firms, private equity and so on, have been taken away in 2023. This year, we will strictly crack down on financial fraud, over-offering, fraudulent issuance, transfer of benefits and other financial violations. Even, some time ago, some public offerings were checked on the spot. It can be predicted that these two years may become two years of centralized supervision for financial institutions and even the public offering industry.

Some analysts even point out that there is a lot of pressure on public offering at present, because many large-scale fund managers are certainly not all big by virtue of their own strength. It is reported that at present, reverse investigation of public offering through securities firms or private placement has become the main form, because securities firms' violations, private placement's own regulatory loopholes and other problems are more prominent, it is easy to cut in, and then find some public offerings.

Cai Songsong of Nuoan Fund can be said to be one of the representative figures in the creation of public funds in recent years. By betting on the semiconductor sector, Cai Songsong has earned a full sense of existence for Nuoan Fund for three years.

During the early bull run in the market, the base people praised Cai Songsong, and the scale of management was also improving rapidly. However, since 2021, Cai Songsong has ushered in more accusations and abuse, and he has indeed left a lot of psychological shadow on the base people.

Let's briefly review Cai Songsong's career.

Cai Songsong joined the Nuoan Fund in November 2017 and began to manage Noan growth mix (320007) on February 20, 2019.Wilderinocasino.OF), which was only a small fund of 1.35 billion yuan at that time.

Cai Songsong took over Noan and Xin Hybrid (002560.OF) on March 14, 2019, when the fund was worth only 98 million.

After taking over, Cai Songsong replaced all his positions with computers and semiconductors, and held all semiconductors after Q3 in 2019.

Until he left office, the returns of Noan growth mix and Nuoan and Xin mixture were 71.7% and 80%, respectively, and the annualized rate of return was more than 12%.

Cai Songsong took over Noan Innovation driven Hybrid A (001411.OF) on May 22nd, 2021.

On July 2 and August 20, 2022, Cai Songsong took over two small funds, Noan optimized allocation mixed A (006025.OF) and Nuoan positive return flexible allocation mixed A (001706.OF), respectively, in an attempt to save the two funds on the verge of liquidation with the help of his fame and a group of loyal fans.

For now, this approach does work, with Noan positively rewarding the management scale of flexible hybrid A rising rapidly from 62 million at the time of the takeover to the latest 2.36 billion.

Due to the outstanding performance in the early stage, Cai Songsong's management scale has increased rapidly from 1.4 billion at the beginning of 2019 to 41 billion at the end of 2020, and has stabilized at around 280-33 billion in recent years.

According to the statistics of the profit table of the funds under management, Cai Songsong lost a total of 1.123 billion yuan in the four years, of which Noan's loss in 2021 was as high as 12.93 billion yuan.

Cai Songsong earned a total of 1.577 billion yuan in management fees for the Nuoan fund, mainly contributed by Nuoan growth, and the fund contributed 1.32 billion yuan in management fees.