Recently, a state-owned mobile phone leasing platform called “Qingyun Rent” has been exposed for a potential fund explosion, attracting market attention.
According to a report by Fengmian News on November 5th, a female teacher named Yu Ting (pseudonym) from Wuhan told reporters on the 4th that she has invested over 350,000 yuan (RMB) in the mobile phone leasing platform “Qingyun Rent” and may not be able to recover it. She said, “They claim to be a listed company, with an annualized return of up to 16.8%, and can break even in two to three months. Suddenly found unable to withdraw money, they replied that it was due to stock reform and financing, claiming it was a technical issue and they are still attracting investors.”
Yu Ting was persuaded by friends to “get on board” in January this year. Both the husband and wife of her friends are employees of the “Qingyun Rent” company. She initially invested 90,000 yuan in the first phase, and by September, she had invested over 350,000 yuan.
Shortly after her last investment, Yu Ting found that she couldn’t withdraw funds from her account. When she inquired, she was pacified with phrases like “the company is undergoing stock reform” and “previous shareholders withdrew and new ones came in.” Seeing online doubts about “Qingyun Rent” going bust, she asked her friend again, only to hear, “You are just realizing it now.”
As early as September, netizens began posting doubts about the “Qingyun Rent” company going bust on social media platforms and demanding wages and rental income from “Qingyun Rent” and the second-hand mobile phone leasing platform “Meicheng Recycling”. In recent times, many people have posted saying that they had just invested in September or October, only to hear about the fund explosion.
One netizen claiming to be an employee posted a video saying that he hadn’t received a penny of salary after working for the company for a month, and was instead asked to purchase mobile phones for investment, ending up with over 300,000 yuan trapped. A reporter from Fengmian News contacted him via private message, and he confirmed the authenticity of his post, stating that he is currently reporting to the police for rights protection.
The report indicates that the promotional materials of “Qingyun Rent” show that it is operated by Wuhan Qingqing Era Network Technology Co., Ltd. (referred to as Qingqing Era), established in 2020 with a registered capital of 150 million yuan, and the major shareholder is Shenzhen Aigaocreat Technology Holding Co., Ltd. (referred to as Shenzhen Aigaocreat).
It is worth noting that Shenzhen Aigaocreat was only registered and established on July 23 this year, a joint investment by the state-owned enterprise Zhongcheng Xingfu (Guiyang) Industrial Management Co., Ltd. and the Hong Kong-listed company – Hong Kong Aigerli Technology Co., Ltd.
Shenzhen Aigaocreat gradually controlled the establishment of three “Qingyun” and “Qingqing” series companies in Wuhan, in addition to holding the “Qingyun Rent” brand, they also developed and operated the e-commerce platform “Jiexiaoqi” and the second-hand mobile phone leasing platform “Meicheng Recycling”.
On November 4th, reporters from Fengmian News separately visited Wuhan Qingqing Era Network Technology Co., Ltd. and Wuhan Qingyun Meicheng Technology Service Co., Ltd. The front desk staff at both buildings told reporters that “Meicheng Recycling” had vacated the premises over a month ago, the location has been rented to another owner, and is currently under renovation; “Qingqing Era” had revoked card-swiping access at the front desk, visitors cannot swipe to access the 15th floor via the elevator. Reporters tried calling the phone numbers listed in the promotional materials of the two companies several times but no one answered.
On November 5th, the topic labeled “Mobile Phone Leasing Platform Suspected Fund Explosion” surged to the top of Weibo’s hot search. Upon opening the topic, it contained information about the fund explosion of “Qingyun Rent”. Epoch Times reporters noticed that the topic briefly rose to the sixth spot on the hot search before disappearing completely from Weibo’s hot search.