起底山屿海集团的老年人康养生意：曾以公司上市为噱头吸引投资

Core Viewpoint - The Shanyuhai Group is under investigation for illegal public deposit collection, leading to significant concerns among investors, particularly elderly individuals who were targeted for investment opportunities [2][4][5]. Group 1: Company Overview - Shanyuhai Group began operations in 2009, pioneering the "migratory bird" vacation model and later rebranded as "Shanyuhai Health" in 2017 [7][8]. - The company primarily targets high-net-worth elderly individuals, promoting investment opportunities with promises of high returns [8][9]. - In 2015, Shanyuhai Group was listed on the New Third Board, becoming the first company in the migratory bird vacation sector to go public [7]. Group 2: Investment Issues - Investors reported difficulties in withdrawing funds since April 2024, with many unable to access their investments, which ranged from 500,000 to several million yuan [2][5]. - The company had previously offered attractive returns, with some investors claiming yields as high as 12% [2][5]. - Promotional activities included incentives such as cash rewards for investments, which were used to attract more capital from investors [3][14]. Group 3: Legal and Regulatory Actions - The Shanghai and Hangzhou police have initiated criminal investigations into the Shanyuhai Group for illegal public deposit collection, leading to the detention of key personnel [4][5]. - The company has faced scrutiny for its marketing practices, which allegedly misled investors regarding the safety and returns of their investments [15][16]. Group 4: Financial Performance and Future Prospects - Shanyuhai Group's financial performance has been volatile, with significant revenue drops reported during the pandemic, but attempts to pivot towards online and short-distance tourism [12]. - The company is seeking to go public in the U.S. through its subsidiary, aiming to raise up to $9 million [13].