500强公司玩消失!70亿黄金、7亿拆迁款全没了
Sou Hu Cai Jing·2025-12-24 10:35

Core Viewpoint - The recent surge in gold prices has been overshadowed by the financial collapse of Jinyafu, a company involved in gold investment and management, leading to significant investor losses and operational shutdowns [2][3]. Company Overview - Jinyafu specializes in gold jewelry, including cultural gold products, manufacturing, retail, recycling, and refining, with projected revenue of 56.1 billion in 2024 and ranking among China's top 500 enterprises [3]. - The company's founder, Huang Shikun, has assets exceeding 9 billion [3]. Financial Issues - Jinyafu has reportedly faced a financial shortfall of approximately 7 to 8 billion, equivalent to around 8,000 kg of gold, due to delayed payments to investors [2]. - The company had previously delayed payments in June, despite presenting a strong public image with initiatives like "smart gold stores" and "golden AI robots" [4][5]. Investment Products - The company offered "gold entrustment" and "private equity" investment products, promising annual returns exceeding 10% [9][14]. - The "gold entrustment" involved investors purchasing gold but not taking physical possession, instead entrusting it to a third-party company, which was actually an affiliated entity of Jinyafu [12]. - The "private equity" investments were marketed as low-risk, with hidden guarantees for buybacks, but required high qualifications for investors [14][15]. Operational Shutdown - Jinyafu's online flagship store has ceased operations, and its headquarters is reportedly abandoned, with no staff present [2]. - The company has also closed its gold jewelry museum, indicating a complete operational failure [2]. Real Estate Ventures - Jinyafu was involved in a large-scale real estate project in Foshan, with total investments estimated at 30 billion, but has faced liquidity issues and delays in payments for land compensation [18][22]. - The company has not delivered any land to its real estate subsidiary, which may mitigate some losses for the local community, but outstanding compensation remains a concern [23].