The problem with cedar is not simple! It carries the banner of "supply chain finance", takes the so-called "accounts receivable" as the underlying asset, and uses various gold exchanges, industrial exchanges, and pseudo-gold exchange channels to sell more than 350 illegal wealth management products to natural persons, with a scale of more than 20 billion yuan, with the explosion of products, resulting in the risk of about 8,000 people involved in the public.
The number of cedars involved is 63, in addition to the explicit or implicit cedar companies, there are also a large number of fake central enterprises, pseudo state-owned enterprises...
Cedar, known as the world's top 500 enterprises and the largest private enterprise in Guangzhou, is actually creating wealth in this way, no wonder investors are difficult to recover losses!
This article was reported by the Securities Times, if it is a small media or self-media, it should be warned, deleted and investigated for legal responsibility.
The breaking news in the article is shocking, and it can be seen that the crisis of Cedar is everywhere!
