康养名企山屿海涉非法吸储被立案，“候鸟旅居”变金融陷阱

Core Viewpoint - The company "Shan Yu Hai," a well-known cultural tourism and health care enterprise, is facing severe operational issues due to allegations of illegal public deposit absorption, leading to criminal investigations and the detention of its executives [1][4][10]. Group 1: Company Operations and Financial Issues - Shan Yu Hai was reportedly operating normally until early April 2024, with ongoing strategic meetings and new project announcements [2]. - However, by early April, numerous investors began to voice concerns online about the company's inability to process withdrawals from its leasing platform, "Mai Zi," indicating a liquidity crisis [3][5]. - The company has diversified its operations beyond tourism and health care into sectors such as real estate, health management, and overseas mining, which may have contributed to its financial strain [11]. Group 2: Investment Model and Legal Concerns - The investment model of "Mai Zi" involved high promised returns of 9%-12% on rental income, which attracted many investors but lacked transparency regarding the actual rental assets [6][7]. - Legal experts have indicated that the company's practices may constitute illegal public deposit absorption due to their high returns, lack of real product flow, and public solicitation [6][7]. - The company has not published financial reports since 2019, raising concerns about its financial health and transparency [10]. Group 3: Investor Reactions and Consequences - Investors have expressed frustration over their inability to withdraw funds, with some reporting losses exceeding 1 million yuan [5][14]. - The company's physical locations have been reported as closed, and there is a significant presence of investors seeking recourse for their losses [13][14]. - The founder and chairman of Shan Yu Hai has become less visible, and the company's communication channels have ceased updates since early April [12][14].