Wire flash
Qianye Jewelry's actual controllers Lin Mingjie and Gao Xiaosong unreachable; broker and industry association unable to contact
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
The actual controllers of Qianye Jewelry, Lin Mingjie and Gao Xiaosong, have reportedly lost contact, drawing significant market attention. According to a disclosure by Northeast Securities, the lead underwriter attempted to reach them through WeChat groups, phone calls, emails, and visits to the company's office premises during routine supervision, but all attempts failed for unknown reasons. On September 11, a reporter posing as a franchisee contacted the China Gems & Jade Ornament Association, whose representatives stated they are monitoring developments related to Qianye Jewelry and have also been unable to reach Lin Mingjie personally. Despite the uncertainty, sales staff at some franchise stores in Beijing and Hebei reported on the 11th that customers can still visit and shop normally, with no reports of impending closures, noting that as franchise operations, these stores have not yet been significantly affected. The situation remains under observation.
Source report
The actual controller of Qianye Jewelry has reportedly lost contact, drawing significant market attention, according to recent disclosures.
Lead Underwriter Unable to Establish Contact
In a routine supervision announcement disclosed by Northeast Securities, the lead underwriter attempted to reach Lin Mingjie and Gao Xiaosong, the actual controllers of Qianye Jewelry, through multiple channels, including:
- WeChat groups
- Phone calls
- Emails
- In-person visits to the company's office premises
All attempts failed to establish contact for unknown reasons.
Industry Association Monitoring Situation
On September 11, a journalist posing as a franchisee contacted the China Gems & Jade and Jewelry Association. Relevant personnel at the association stated that they are monitoring developments related to Qianye Jewelry and currently cannot reach Lin Mingjie either.
Offline Store Operations Unaffected
Regarding offline stores, sales staff at some locations in Beijing and Hebei reported on September 11 that customers can still visit stores to shop normally, with no reports of closures. Staff noted that as franchise outlets, they have not been significantly affected so far.
(Source: Yicai)
Source
thsNeutral / independent