Core Insights - The mobile rental platform "Qingyun Rental" has suddenly collapsed, leaving a financial gap of over 1 billion yuan, affecting thousands of investors who had invested amounts ranging from tens of thousands to hundreds of thousands of yuan [1][2][3] - The platform had claimed an annualized return rate of 16.8% and began experiencing withdrawal difficulties in September 2023, leading to widespread investor concern [2][3][4] Company Overview - "Qingyun Rental" positioned itself as a leading mobile rental platform, claiming to have a strong financial background and operations in over 200 cities, serving more than 1 million users [2][3] - The company operated by recruiting investors to purchase various models of Apple phones, which were then rented out to generate rental income [5][6] Investment Model - The investment model involved purchasing Apple phones, with returns based on the rental income generated. For example, an iPhone 16 Pro Max was procured at 9,760 yuan and could yield a total return of 10,306 yuan over a 4-month rental period [5][6] - The platform encouraged longer investment periods and multiple phone purchases to maximize returns, with investment terms of 4, 6, and 12 months [5][6] Investor Experiences - Many investors reported that they initially received returns but faced withdrawal issues starting in September 2023, leading to significant financial losses [9][10] - Reports indicate that employees were also affected, with some having to purchase phones themselves to maintain their jobs, leading to further financial strain [11][13] Company Structure and Ownership - "Qingyun Rental" is operated by Wuhan Qingqing Era Network Technology Co., Ltd., which was established in 2020 with a registered capital of 150 million yuan. The company is partially owned by Shenzhen Aigao Chuangke Holdings Co., Ltd. [15][16] - Aigao Group, the parent company, recently increased its stake in Shenzhen Aigao Chuangke, becoming the controlling shareholder [15][16] Legal and Investigative Actions - Multiple investors and employees have filed reports with local authorities, and investigations are currently underway regarding the company's operations and the financial losses incurred [16]

Core Insights - "Qingyun Rental," a mobile phone rental platform, has collapsed, leaving over 1 billion yuan in losses and thousands of investors unable to withdraw their funds [1][12][21] - The platform promised an annual return rate of 16.8% and began experiencing withdrawal issues in late September [2][6][12] Company Overview - "Qingyun Rental" claimed to be a leading mobile phone rental platform, backed by state-owned assets and listed on the Hong Kong stock market, with operations in over 200 cities and serving over 1 million users [3][21] - The company was established in 2020 with a registered capital of 150 million yuan, and its main operator is Wuhan Qingqing Era Network Technology Co., Ltd. [21] Business Model - The business model involved attracting investments from individuals, converting funds into various models of Apple phones, and renting them out to generate rental income [6][21] - The platform encouraged longer investment periods and larger quantities of phones to maximize returns, with specific rental terms of 4, 6, and 12 months [6][7] Financial Claims - For example, an iPhone 16 Pro Max was purchased at 9,760 yuan and could yield a total return of 10,306 yuan after 4 months [7] - The platform's promotional materials highlighted potential earnings for partners, with monthly and annual income projections based on the number of phones rented [8] Investor Experiences - Many investors reported being unable to withdraw their funds starting in September, with some having invested amounts ranging from tens of thousands to over a million yuan [1][12][13] - Reports indicate that investors were often introduced to the platform by friends or family, leading to a network of trust that was ultimately exploited [1][12][13] Employee Experiences - Employees also faced significant issues, with reports of unpaid salaries and forced purchases of phones to maintain their jobs [18][19] - Some employees reported investing their own money into the platform, believing in its viability due to the company's claims of a large rental market [19] Legal and Investigative Actions - Multiple investors and employees have filed reports with local authorities, and investigations are ongoing in various cities, including Wuhan and Shenzhen [21]

Core Viewpoint - "Qingyun Rent" has allegedly absconded with over 10 billion yuan and thousands of mobile phones, leading to a significant crisis for investors and employees, with the platform's legal representative missing and the company seemingly abandoned [1][4][14]. Group 1: Company Operations and Promises - "Qingyun Rent" was marketed as a star platform in the mobile rental industry, promising annual returns of 16.8% and quick payback periods of two to three months [1][6]. - The platform's business model involved attracting public investment, converting funds into mobile phones, and renting them out to generate rental income [6][10]. - The platform claimed that investors could earn substantial returns by renting out high-end models like the iPhone 16 Pro Max, with projected profits significantly exceeding initial investments [6][7]. Group 2: Investor and Employee Experiences - Starting in late September, investors reported that withdrawal requests were halted, with many unable to retrieve their investments, some amounting to hundreds of thousands of yuan [3][4]. - Employees were coerced into investing their savings and even mortgaging properties to meet business targets, leading to significant financial losses [9][14]. - Reports indicate that the platform's actual rental business was insufficient to support the promised high returns, suggesting characteristics of a Ponzi scheme [9][10]. Group 3: Company Background and Legal Issues - "Qingyun Rent" claimed to have a strong backing from a publicly listed company, Aigao Group, and asserted a connection to state-owned enterprises, which was later found to be misleading [10][12]. - Investigations revealed that Aigao Group had a market value of only over 100 million HKD and had incurred substantial losses, raising questions about its financial stability [12][14]. - As of the latest reports, local police have received complaints from investors, but formal investigations have yet to commence, while many mobile phones remain unaccounted for [14].