Core Viewpoint - Shanghai Yingche Network is facing severe financial difficulties, including unpaid rent and property management fees totaling approximately 710,000 RMB, leading to employee unrest and potential legal actions [1][4][20]. Financial Issues - The company has outstanding payments for property management fees, energy costs, and penalties for early lease termination, amounting to 716,658.74 RMB [4]. - Specific debts include 300,000 RMB for penalties and restoration fees due in October and November 2025, and 47,370.25 RMB for property management fees for the periods of October to November and November to December 2025 [4]. Employee Relations - Former employees have reported unpaid wages and have initiated arbitration processes against the company, indicating a growing discontent among staff [1][20]. - An internal notice revealed that the company has ceased operations and employees are on leave, further highlighting the operational instability [5]. Product Performance - Yingche Network has launched two products, "Qian Nian Zhi Lv" and "Qing Kong Zhi Xia," both of which have underperformed in the market [7][19]. - "Qian Nian Zhi Lv" faced significant criticism post-launch, with low ratings on platforms like iOS and a failure to achieve substantial sales [14][19]. - The second product, "Qing Kong Zhi Xia," also failed to generate significant interest, peaking at 69th on the iOS sales chart before quickly dropping out [19]. Legal Challenges - The company is embroiled in multiple legal disputes, including service and advertising contract disputes, and has been listed as a defendant in several court cases [22][23]. - Yingche Network's equity in a subsidiary has been frozen, indicating further financial strain and legal complications [22]. Management and Future Outlook - The company's founder, Wu Haoyu, has been criticized for his management decisions, with speculation about the sustainability of Yingche Network given its financial losses and operational challenges [24][26]. - Despite the ongoing issues, Wu Haoyu continues to pursue new projects, indicating a potential shift in focus away from Yingche Network [24].

Core Viewpoint - The article discusses the emotional and legal implications of game shutdowns, particularly focusing on the case of the game "Yao Guang Lu," where players feel a loss of connection and rights over their virtual assets after the game's official accounts were cleared and potentially sold [3][11][21]. Group 1: Game Shutdowns and Player Sentiment - Game shutdowns lead to a severed relationship between players and the game, often resulting in the game becoming a "cyber graveyard" for players to mourn [3][16]. - Players express their grief and nostalgia through social media, which serves as a digital memorial for the games they loved [5][16]. - The recent incident with "Yao Guang Lu" has sparked outrage among players, who feel betrayed by the clearing of the official social media accounts [12][14][20]. Group 2: Legal and Ownership Issues - The article highlights the ambiguity surrounding the ownership of virtual assets, questioning whether players truly own their accounts and in-game purchases [28][36]. - Legal frameworks, such as the Civil Code, recognize virtual property but the practical application remains challenging, as seen in the refund policies offered by the game's operator [31][33]. - The separation of usage rights and ownership rights creates dilemmas for players, as they must choose between retaining access to their accounts or receiving limited compensation [37][38].