• About Us
  • Group Structure
  • Group Organizational Structure
  • Our Mission
  • SPV
  • Cayman Islands

Wondrous International Investment Holdings Foundation and Principles:


  • Honesty: Honesty for Wondrous's Founding.
  • Robust: excellent team entity industry operation management.
  • Innovation: Innovative Resource Integration Business Model.
  • Value: to create the company's sustainable growth.


Group Structure

Our Mission

Wondrous is committed to integrating expertise and resources in various fields, with forward-looking vision, macro strategy, and advanced technology advancing with the times, determined to become both innovation and professional industry pioneer, continue to create industrial value and change, the common achievements of better quality of life and A sustainable world environment.

Companies focus on the pursuit of enterprises, employees, society, the environment and other aspects of harmony, formed a "virtue" for the characteristics of "Lide, Founding, Li Hui" as the core corporate culture. The Group believes that the welfare of employees and personal development are as important as the growth of the Company's performance. All employees work together, respect each other and share their experiences and knowledge with each other and constitute an important cornerstone of the Group's development. Companies in the future on the road will continue to carry forward entrepreneurship, innovation, beyond, excellent entrepreneurial spirit, self-improvement, more than struggle, to promote sustainable development of enterprises, sustainable development.



Special Purpose Entity


Special Purpose Entity,abbreviation SPE,In Europe, it is often called a special purpose vehicle (SPV), a legal entity established for a specific purpose, which plays an important role in asset securitization. In the United States, the rise of SPV was in the financial services industry of the 1970s to the 1980s. SPV usually uses a company, trust or partnership form. SPV through a series of professional means to reduce the cost of securitization, to solve the problem of financing difficulties, and through risk isolation to reduce the risk of securities transactions. SPV facilitates bank balance sheet management and creates new investment asset levels, thereby benefiting banks and investment companies. SPV is usually outside the balance sheet, bankruptcy, private entities, and can be onshore or offshore.



Definition of SPV:

The establishment of SPV is to complete a limited, special or temporary goal, mainly to isolate financial risks (usually bankruptcy risk, sometimes specific tax or management risk). Once SPV is established, it must operate as a completely separate entity. This includes: appointing its own directors, paying all of their own costs, and not mixing with other entities' assets (including the seller of the asset). In other words, the bankruptcy or bad credit event of SPV's formation of protection against investors, the establishment of SPVs or the sale of assets to SPV does not affect investors.

SPV Function

1.Asset Securitization

In the 1970s, asset securitization began to emerge in the United States and developed rapidly. The so-called asset securitization is to sell a stable cash income stream to an independent entity SPE, SPV to support the issuance of securities with these assets, and with the funds raised by the issuance of securities to pay the price of the purchase of assets. SPV is at the core of asset securitization. Usually SPV is used for loan securitization. For example, a bank wants to issue a mortgage-backed securities (MBS), which is paid from a pool of loans. However, these loans need to be legally separated from other bank debts. This will require the establishment of SPV and then transfer the loan from the bank to SPV.



2.Risk Isolation

SPV can be used to legally separate high-risk assets from the parent company and allow other investors to share risk.

3.Financial Engineering

SPV is often used in complex financial engineering programs, the main purpose is to avoid tax or deal with financial reports.

4.Rule circumvention

In some cases, the establishment of SPVs can avoid rule restrictions, such as rule-related restrictions on country ownership of assets.

SPV's function is that it is not included in the scope of the combined company's consolidated statements. Otherwise, the transaction with the initiating company will be offset by the merger, the loss of off-balance sheet financing, isolation risk and other functions.

Location:

The Cayman Islands (sometimes Cayman Islands or the Cayman Islands) is an overseas subordinate of the British West Caribbean Islands, consisting of three large islands of Grand Cayman, Little Cayman and Cayman Braque. The Cayman Islands is the fourth largest offshore financial center in the world and is a famous diving resort.

The Cayman Islands are located in 268 km northwest of Jamaica, 640 km south of Miami, the Caribbean, composed of three major islands. Grand Cayman Island has the largest area of ​​220 square kilometers. The other two islands, Cayman Braque and Little Cayman Island, are located about 145 kilometers northeast of Grand Cayman, with an area of ​​23 square kilometers and 16 square kilometers respectively, and the Cayman Islands has a population of about 45,436.





Political:

At present, although one of the British colonies, but with judicial autonomy, the British government in addition to the appointment of the governor, the Congress is still composed of residents of the British Cayman Islands, the island scenery, in recent years become a popular business center. Financial services and tourism are the main economic income. The Cayman Islands is ranked 26th in the global financial center index and is the world's fourth largest offshore financial center. The legal currency and language is US and English.



Economic:

Since the adoption of the International Business Companies Act of 1984 (International financial services industry is the most important economic income. Since Cayman's political stability, no foreign exchange restrictions, no income tax, foreign companies have come to the island to engage in financial business. Month, the world's 50 large banks in 47 on the island with branches .To June 1999, the island registered more than 41,000 companies, banks and trust institutions 590, 475 insurance companies. Trade: Compensation for huge trade deficits with tourism and financial revenues and foreign remittances. Major imports of machinery, transport equipment, fuels and food. Major exports of fish and flowers.