Houmu Holdings Ltd (HOMU)

[ALDACON]

Here is the D&D on Wei Tan, older post but shows exactly what we are getting, no scam, no Chinese money launderer just the facts.
So when I first read the 8k like we all did I immediately began trying to use the data points of Wei Tian’s education. That didn’t get me much of anywhere. I then traded it in for the address:

20F, Building A8-1, Phoenix Road, Licheng District, Jinan City, Shandong Provence, China 25010

As you may have seen in my previous DD posts, I’ve been narrowing things down by playing with the Chinese versions of what we know, and recombining each new piece of information into an improved search. Mind you I don’t know diddly squat about Chinese, so this was full on dart throwing. Then a thread finally came loose as I was building that directory of businesses for A8-1…

FLOOR 20! Room 29! Jinan Jungang Information Consulting Partnership (Limited Partnership) https://m.qcc.com/firm/9bb70c886576f112cb82cc8ff2c623d0.html and look who we have as the Executive Partner
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This is who I believe is XMET’s new owner, Mr. Tian Wei
https://www.qichamao.com/person/5b6304d01755b490aad19abc3f16b3c0-a2a25b3c5c7001813a3c21db7b61fb63
https://m.qcc.com/pl/p290521e4cb4a22a233aa78a5c697252.html


After grabbing a celebratory scotch, I go down the rabbit hole that keeps me up into the wee hours of the morning yesterday and now today. If you decide to go down the rabbit hole too I recommend getting a Google Translate extension and using the Mobile versions of the websites, they're less cluttered

Tian Wei is an Exec Director, Legal Rep, or Major shareholder in 6 companies the 5 that I could find amount to around $40M USD. At least 2 of them housed at A8-1 Floor 20, and 1 in the same complex different building A4-4

One with the Tian Wei company’s had this a description of their services. “Engaged in equity investment in unlisted companies, investment in non-public issuance of stocks in listed companies, and related consulting services (without the approval of the financial regulatory authority, it is not allowed to engage in financial services such as deposits from the public, financing guarantees, and wealth management on behalf of clients). (Projects that are subject to approval in accordance with the law can only carry out business activities after approval by relevant departments)”

Sounds like IPOs to me! But that isn’t the REALLY interesting part!

In at least 2 of his affiliated companies he’s a 5% stakeholder and 95% is held by the Venture Capital Fund: Shenzhen Joe's Venture Capital Co., Ltd. via Mr. Qiao Shouhui who is connected as Executive Director, Legal Rep, Majority shareholder to 94 different companies.

The largest of which is a 600M YUAN (That’s ~$91M USD, now we’re cooking with gas) Company called Shenzhen Joe Financial Holdings Group Co., Ltd. That as of October 10th changed it’s name to:

Shenzhen Qiao's Holding Group Co., Ltd. Remember this name!

More Thread Pulling brought me to their website: http://www.qsjrkg.com/ which when translated their address is the entire 20th Floor of Building A8-1

That is when the floodgates opened and I began to find connections out the wazoo. Here’s a screenshot of my spreadsheet just trying to keep track of them all (The green ones are ones that Tian Wei directly manages)
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I was trying tonight to get to the bottom of the rabbit hole before posting… but more just keeps coming. I stopped at over 20 businesses connected directly to Shenzhen Qiao's Holding Group Co., Ltd. with almost $225M USD in Registered Capital (~1.7 BILLION Yuan) many of them based out of A8-1, on the 20th Floor

In their holdings there is a TON of existing built real estate, lots of business and financial consulting, Investments foreign and domestic (one of their largest companies deals in Distressed Companies), blockchain and software, small biotech, hr and everytime I deepen the search the more I find.

Based on Tian Wei’s deep ties and the spot on address it is my belief that XMET is effectively being held by Shenzhen Qiao's Holding Group Co., Ltd.

So instead of search out Wei Tian, be on the lookout for the names: Tian Wei, Qiao Shouhui, and Qiao Feng who is the current chairman of Shenzhen Qiao's Holding Group Co., Ltd

Now somebody else take the baton and run few miles, I'm gassed