CEB BANK(SH:601818) Guan Cha Zhe Wang·2026-02-27 11:04Core Viewpoint - The article highlights a significant issue faced by a small clothing manufacturer in Zhongshan, Guangdong, due to a credit reporting error that led to a severe liquidity crisis and potential judicial auction of the business [1][3][10]. Group 1: Credit Reporting Error - The credit reporting issue originated from a bank system error that incorrectly marked the business owner, Mr. Qin, as having a debt of 10 trillion yuan, severely impacting his creditworthiness and ability to secure loans for 28 months [1][4][9]. - Despite the error being corrected, the damage to the business's operations was irreversible, leading to a liquidity crisis and forced asset liquidation [3][9]. Group 2: Financial Impact and Legal Dispute - Mr. Qin's attempts to maintain business operations included changing the company’s legal representative and selling inventory at a loss, but these measures did not alleviate the financial pressure [3][9]. - The involved bank and payment platform have not reached an agreement on responsibility and compensation, with the bank offering only 30,000 yuan in compensation against Mr. Qin's claim of 2 million yuan for losses incurred [3][10][15]. Group 3: Systemic Issues in Financial Services - The incident exposes weaknesses in the credit correction mechanisms and financial services for small and micro enterprises, raising concerns about compliance and risk management within financial institutions [3][10]. - The ongoing dispute over liability highlights the challenges in attributing responsibility for the credit reporting error, with the payment platform blaming the bank for the data source while the bank remains vague about the error's cause [10][15].