以下文章来源于易简财经 ，作者陈璐瑶 易简财经 . 聚焦中国最有投资价值的公司 投资人懵了。 来源：易简财经 作者： 陈璐瑶 编辑 ：张恺翀 6 月 3 日 ，据报道，从杭州上城区分局经侦队获悉，浙江永坤控股有限公司 ( 简称：永坤控股 ) 相关人员涉嫌非法吸收公众存款，已对该案 立案调查。 图片来源：网络 永坤以所谓的 " 黄金托管 " 服务 吸引 投资者 ：你买下黄金但不提货 ，金价上涨 ，公司会支付收益，金价下跌，公司就退钱送积分。 该公司出具的一份保单显示，截至 4 月 28 日，其在保黄金资产至少有 41 亿元，堪称最大黄金杀猪盘。 而永坤的实控人汪国海或许已经携款逃匿于美国，无法抓捕归案。 01 精心包装的骗局 为了让投资者乖乖掏钱，永坤可是下了不少功夫包装自己。 实控人汪国海，据说是中国最早一批高级黄金分析师与上海黄金交易所注册交易员，前途无量。 2008 年，中国黄金市场刚开放，汪国海敏锐地察觉到黄金投资的巨大潜力，决定辞职创业。 企查查显示， 2014 年，永坤控股正式成立，注册资金 1.12 亿元。目前，汪国海仍为法定代表人。 在官网，永坤自称旗下拥有多家珠宝企业，包括永坤黄金、永坤黄金珠 ...

Core Points - The article discusses the fallout from the collapse of Yongkun Gold, highlighting significant financial losses for investors and the ongoing investigation by local authorities [2][3][5]. Group 1: Company Overview - Yongkun Gold is a brand under Yongkun Group, with Yongkun Holdings being its core holding company [5]. - The company operated both online and offline channels for gold sales, promising high returns and a "no-loss" investment model [6]. Group 2: Investor Impact - Investors reported total losses estimated at around 4 billion yuan, with some individuals losing over 1 million yuan [2][3]. - Many investors, like Ah Xuan, expressed feelings of helplessness and financial distress due to their inability to withdraw or refund their investments [2][4]. Group 3: Legal and Regulatory Actions - The Hangzhou Public Security Bureau has initiated investigations into Yongkun Holdings and Yongkun E-commerce for suspected illegal public deposit absorption [3]. - The company has been listed in the abnormal business operations directory due to its inability to be contacted at its registered address [5]. Group 4: Insurance and Risk Management - Yongkun Gold provided insurance policies for the gold investments, but many investors found that the insurance companies did not recognize the validity of these policies after the collapse [8][12]. - Concerns were raised about the authenticity of the gold and the insurance coverage, with investors questioning whether the insurance companies colluded with Yongkun [11][12]. Group 5: Market Perception and Trust - The long-standing history and various accolades of Yongkun Gold contributed to investor trust, leading them to believe in the safety of their investments [6]. - The use of credit cards and lending platforms for purchasing gold further complicated the financial situation for many investors, as they now face mounting debts [6][8].

当前黄金市场正经历"金融属性+科技属性"的价值重估： • 地缘溢价持续发酵：俄乌冲突、中东局势等地缘风险事件频发，历史数据显示危机期间黄金平均涨幅达42%。俄罗斯通过增持黄金抵消制裁，2025年其 黄金储备增值960亿美元，这种主权机构的战略配置行为为金价提供结构性支撑。 2025年全球经济在政策博弈与地缘动荡中呈现复杂格局，黄金市场正经历多重力量的角力。美联储年内预计降息50-75个基点，叠加特朗普政府关税政策 引发的贸易不确定性，黄金作为"终极稳定器"的战略价值凸显。世界黄金协会数据显示，2024年全球央行购金量达1045吨，创历史新高，中国央行连续7 个月增持，这种"去美元化"趋势与技术革命催生的工业需求（如5G电子元件黄金用量激增60%）共同构建黄金价格上行基础。当前金价在2600美元/盎司 附近形成强支撑，若突破2024年高点2800美元，有望冲击3000美元大关。 一、美联储政策锚点效应弱化，降息周期重塑定价逻辑 传统美元利率与金价85%的负相关性已降至62%，2025年美联储政策路径呈现"谨慎宽松"特征。尽管市场预期降息幅度缩窄至50-75个基点，但实际利率下 行将降低持有黄金的机会成本。高盛、 ...

Group 1 - The core issue revolves around Zhejiang Yongkun Holdings Co., Ltd. (Yongkun Gold), which has faced payment irregularities, preventing multiple investors from withdrawing their funds [1][2] - Yongkun Gold, while officially a jewelry retailer, has engaged in activities beyond its licensed scope, effectively conducting unlicensed gold asset management operations [1][3] - Legal experts indicate that Yongkun Gold may be involved in criminal activities, with the potential for charges related to illegal public fundraising and investment fraud [2][3] Group 2 - Yongkun Gold's investment model has been characterized as a Ponzi scheme, promising annual returns of 12% to 18% through products like "gold savings" and "pre-purchased gold" [2][4] - The company lacks the necessary qualifications to manage gold assets, raising concerns about its operations and the legitimacy of its investment offerings [3][4] - There are significant doubts regarding the actual management of gold assets, including the storage and insurance of claimed gold holdings [3][4] Group 3 - Investors are warned to be cautious of high-return promises, as legitimate gold investments typically correlate with market fluctuations and do not guarantee fixed returns [4][5] - It is advised that investors verify the qualifications and operational scope of investment institutions, particularly those involved in gold asset management [4][5] - Recommendations include avoiding non-regulated investment channels and ensuring that investments do not exceed 20% of household assets, with diversification into safer assets [5]

Core Viewpoint - The article discusses the severe issues faced by investors in Yongkun Gold, highlighting the inability to redeem investments and the company's misleading promises regarding gold investment safety and returns [1][12]. Group 1: Company Operations - Yongkun Gold (Zhejiang Yongkun Holdings Co., Ltd.) has been accused of failing to fulfill its gold custody business, leading to significant financial losses for investors, some amounting to millions [1][12]. - The company previously claimed that investors could redeem gold at a profit when prices rose or receive a full refund when prices fell, which has proven to be misleading [2][12]. - Yongkun Gold has been operating since 2014 and claims to be a comprehensive service provider in the gold industry, with a presence in multiple provinces and over 50 retail outlets [12]. Group 2: Investor Experiences - Many investors, including those who have invested for over a decade, are now unable to redeem their gold, with reported amounts reaching up to 700 million yuan [4][6]. - Investors were drawn to Yongkun's offerings due to the perceived safety provided by insurance policies from companies like Taiping Property Insurance, which promised to cover their investments [8][11]. - However, the insurance policies do not cover losses due to the company's operational failures, leading to further investor concerns [8][11]. Group 3: Legal and Regulatory Issues - Local law enforcement has initiated criminal proceedings against Yongkun Gold, but there are concerns about the ability of online investors to recover their losses due to the lack of formal contracts [13]. - Legal experts suggest that Yongkun's business practices may constitute illegal public fundraising, and the investigation will determine if fraud charges are applicable [13].

Core Viewpoint - Zhejiang Yongkun Holdings Co., Ltd. (Yongkun Gold) has attracted thousands of investors through a promised annual return of up to 18% and a "referral commission" mechanism, disguising its operations as legitimate financial products [1][2]. Group 1: Company Overview - Yongkun Gold, established in March 2014, is a subsidiary of Zhejiang Yongkun Holdings, with a significant presence in the gold industry, including over 100 offline stores across the country [13][15]. - The company operates a gold custody model, where most of the gold is not held by investors, and has expanded its business through various sales channels, including e-commerce platforms [6][15]. Group 2: Business Model and Operations - Yongkun Gold's business consists of two main categories: sales-custody-recovery services, promising high returns to investors, and online sales of gold products with a no-loss guarantee [7][10]. - The company has implemented a referral reward system, where investors earn commissions for bringing in new clients, resembling a Ponzi scheme [23]. Group 3: Financial Issues and Legal Troubles - On May 20, 2025, Yongkun Gold faced a liquidity crisis, unable to make payments to clients, leading to investor protests and legal actions for illegal public deposit solicitation [2][4]. - The company was listed in the business abnormality directory due to being unreachable at its registered address, and there are concerns regarding the authenticity of its insurance policies covering over 4.1 billion yuan in gold assets [4][11]. Group 4: Investor Impact - Over 10,000 investors have reportedly been defrauded, with losses exceeding 2 billion yuan, and conservative estimates suggest total losses could reach 5 billion yuan [5][21]. - The high promised returns have lured many investors, including employees of Yongkun Gold, who invested their life savings, only to face significant financial losses [21][24].

Core Viewpoint - The recent turmoil in the global economy has led investors to seek "safe havens" like gold, but the investment landscape is fraught with risks, as evidenced by the collapse of Zhejiang Yongkun Holdings, which has left many investors in financial distress [2][4][40]. Group 1: Company Overview - Zhejiang Yongkun Holdings, operating under the name Yongkun Gold, attracted investors through a gold custody model, promising returns and the ability to withdraw funds or gold within specified periods [10][8]. - The company was established in 2014 and had a registered capital of 102.3 million RMB, with its headquarters located in Hangzhou [21][20]. - As of late May 2025, the company was reported to have gone silent, with its online platform clearing out products and customer service becoming unreachable [26][30]. Group 2: Investment Model and Risks - Yongkun Gold's investment model involved both online and offline sales, with promises of guaranteed returns and high annualized yields of around 7% [10][32]. - The company faced scrutiny for its non-compliance with financial regulations, as it was not a licensed financial institution and made unrealistic promises of guaranteed returns [40][42]. - Investors reported being unable to withdraw their funds or gold, leading to significant financial losses, with some families investing millions [16][18][30]. Group 3: Legal and Regulatory Issues - Following the company's operational issues, it was placed on a list of businesses with abnormal operations due to its inaccessibility [24][26]. - Legal experts indicated that the company's practices were likely illegal, as non-financial institutions are not permitted to offer gold investment services with guaranteed returns [40][42]. - The insurance policies provided by Yongkun Gold were found to have significant loopholes, failing to cover risks associated with the company's potential collapse [26][40]. Group 4: Investor Impact - The fallout from Yongkun Gold's collapse has left many investors in dire situations, with some facing debts and financial ruin [30][34]. - Victims of the scheme are struggling to gather evidence for potential legal recourse, highlighting a lack of awareness regarding the importance of documentation in investment transactions [37][30]. - The total amount of funds involved in the scandal is estimated to be at least 4.1 billion RMB, with many investors feeling deceived by the company's promises [37][38].

Core Viewpoint - The article highlights the risks associated with Zhejiang Yongkun Gold Jewelry Co., which has attracted numerous investors through high-yield promises but is now facing significant issues with fund redemption and potential legal consequences [2][16][22]. Group 1: Investment Model and Promises - Yongkun Gold has marketed its products with promises of annual returns between 5% and 9% through gold storage and repurchase contracts [2][3]. - The company has created a tiered customer classification system, offering higher returns for larger investments, with "black gold" clients (over 3 million yuan) receiving up to 9% annualized returns [4][6]. - The online platform offers a "pre-ordered gold bar" product that appears to guarantee returns, allowing customers to either redeem at the current gold price or get a refund if prices drop [9][11]. Group 2: Redemption Issues and Legal Actions - Investors have reported difficulties in redeeming their investments, with some unable to withdraw funds after the promised T+3 period [1][2]. - Legal actions have begun, with investors filing reports with law enforcement as the company faces allegations of fraud and illegal fundraising [2][14]. - The total amount of unredeemed investments may exceed 300 million yuan, indicating a widespread issue among investors across multiple provinces [14][20]. Group 3: Regulatory Concerns - Yongkun Gold lacks the necessary qualifications to operate as a financial institution, raising concerns about its gold asset management practices [16][18]. - The company's operations may be classified as illegal public fundraising, as they do not comply with financial regulatory requirements for managing gold assets [18][22]. - The fluctuating gold prices pose additional risks to the company's business model, which relies on stable returns to investors [19][20].

一、现货黄金市场动态 特朗普此前威胁从6月1日起对欧盟加征高额关税，引发市场恐慌并推动金价上涨，但随后与欧盟达成延长谈判期限至7月9日的协议，导致避险需求回落。这 种"口头威胁—政策缓和"的模式已成为近期黄金波动的主要推手。 2. 美元与风险资产短期反弹 美元指数在触及一个月低位后企稳，叠加美股期货上涨，削弱了黄金的吸引力。不过，美元长期走弱预期（受美联储降息及美债评级下调影响）仍为黄金提 供潜在支撑。 3. 技术面回调压力释放 现货黄金此前触及3370美元阻力位后，部分投资者选择获利了结，导致价格回落。技术指标显示，短期需关注3300-3316美元区间的支撑，若跌破可能进一 步下探3280美元。 2025年5月26日亚市早盘，现货黄金价格一度跌至3331.44美元/盎司，较前一交易日高点回落近26美元，最终交投于3340美元下方。这一波动主要受美国总 统特朗普宣布推迟对欧盟加征50%关税期限的影响，市场避险情绪短期降温，风险资产回升令黄金承压。不过，多数分析师仍对黄金中长期走势持乐观态 度，认为地缘风险、美联储政策不确定性及美国财政赤字压力将支撑金价。 二、金价回落背后的多重逻辑 1. 特朗普政策反复扰动市 ...

Core Viewpoint - A gold investment company in Hangzhou has faced a payment crisis since May 20, leading to significant financial losses for numerous investors, including high-education families [1][2][8]. Group 1: Company Background - The company had previously promised a fourfold return on investments in 2021, which attracted many investors [4][8]. - It claimed to have a "state-owned background" and "bank custody" as credit endorsements, which contributed to its credibility among investors [8]. Group 2: Investment Products and Services - The company offered a "guaranteed redemption" service, where investors would incur a fee of 2 yuan per gram if gold prices increased, while facing no losses if prices fell [5][8]. - Many investors, including retirees, invested their pensions into this company, drawn by the attractive promises of high returns [7][8]. Group 3: Current Crisis - The company's e-commerce platform has experienced widespread payment issues, with initial estimates indicating unpaid amounts reaching several hundred million yuan [8]. - Reports suggest that the company's executives have gone missing, and the financial officer has fled to Yunnan, exacerbating the crisis [8]. - Local law enforcement has initiated an investigation into the company's operations due to the financial irregularities [10]. Group 4: Industry Context - The gold investment sector has seen similar crises, with other companies like Fujian Keguan Jewelry also facing payment issues, indicating a broader trend of instability in the industry [10]. - The rise in gold prices has created significant risks for gold investment companies, as they struggle to meet their promised returns amidst increasing costs [13].