突然爆雷！知名集团被立案，警方通报

Core Points - The core issue revolves around the financial crisis faced by Dongguan Mengda Group, which has led to the involvement of law enforcement due to allegations of illegal public deposit absorption [1][11] 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][15] - The company serves over 1 million plastic chemical enterprises and has an online trading volume exceeding 240 billion yuan, ranking among China's top 10 B2B platforms [4][15] Crisis Development - On October 24, the company acknowledged a significant crisis in a letter to clients, indicating that hundreds of users were experiencing a run on funds, leading to abnormal termination of platform operations [4][15] - The crisis was exacerbated by a protective freeze on the company's bank accounts due to police investigations into a money laundering organization, causing panic among clients and a rush to withdraw funds [10][21] Financial Strain - To address the liquidity crisis, the company has diverted substantial cash reserves from its subsidiaries to the platform, resulting in tight cash flow [4][10] - The economic downturn has also impacted the company's client base, leading to overdue payments and bad debts, further straining financial resources [18][21] Business Operations - Despite the crisis, other business segments of Mengda Group, including digital technology and supply chain services, continue to operate normally [19] - The company is exploring options for restructuring its operations, including a gradual exit from certain business lines while ensuring client rights are protected [19][21] Investor Relations - Mengda Group has proposed a debt restructuring plan involving a "debt-to-equity swap" to address investor concerns, although many investors remain hesitant to sign the agreement [22][23] - Investors are expressing fears about potential losses due to the ongoing crisis and are seeking ways to withdraw their investments [23]