知名B2B平台突然爆雷！实控人主动投案，涉嫌非法吸收公众存款犯罪；曾自曝陷入“挤兑”危机，多名投资者称已报案

Core Viewpoint - The Dongguan police have initiated an investigation into the illegal fundraising activities of Mengda Group, following the voluntary surrender of its actual controller, Li, amid a crisis involving significant cash flow issues and customer withdrawals [1][4]. Company Overview - Mengda Group, established in 2010, is a national high-tech enterprise focused on integrated industrial development services, utilizing technologies such as big data, IoT, and AI [4]. - The company has over 1 million clients in the plastic and chemical industry, with an online trading volume exceeding 240 billion yuan, ranking among China's top 10 B2B platforms [4]. Crisis Background - On October 24, Mengda Group issued a letter to clients indicating that hundreds of users were experiencing withdrawals, leading to a severe cash flow crisis [4]. - The crisis was exacerbated by a sudden protective measure taken by the police in September 2025, which froze the company's bank accounts due to a money laundering investigation, causing panic among clients [10][11]. Financial Impact - The company faced significant losses due to overdue payments and bad debts from many small and medium-sized enterprises it served, leading to a cash flow crunch [7][10]. - In response to the crisis, Mengda Group has initiated a debt-to-equity conversion plan to help investors recover their funds [11]. Client Communication - The founder of Mengda Group expressed deep regret and responsibility for the current situation, emphasizing the importance of client trust and the need for collaboration to mitigate losses [5][8]. - The company is seeking to negotiate with clients to ensure their rights are protected while gradually exiting problematic business lines [8][10].