The online rumor significantly exaggerated the amount! The latest update on the Golden Platform Jie Wo Rui "跑路" incident: payout has been initiated!

Recently, the Shenzhen Shuibei Gold Jewelry Market experienced an “exit scam” event involving a gold pre-order platform, attracting market attention.

Recently, Shenzhen Jiewo Rui Jewelry Co., Ltd. and several related online platforms encountered difficulties in repayment, affecting investors across the country, and the event has garnered high concern. After the Luohu District task force issued a situation report on the 28th, they released another update on the 31st.

Luohu District in Shenzhen Issues Another Report

According to the report, the Luohu District task force continues to intervene in handling the abnormal operation of Shenzhen Jiewo Rui Jewelry Co., Ltd. (hereinafter referred to as “Jiewo Rui Company”). Under the supervision of the task force, Jiewo Rui Company is managing assets, raising funds, and has initiated repayment. The report shows that Jiewo Rui Company has launched an online signing and repayment channel and established offline contact points (Address: Luohu Stadium, No. 48, Second Road, Luosha Highway, Luohu District).

Additionally, earlier reports claimed that the involved amount exceeded 10 billion yuan. The report indicates that under the supervision of the task force, Jiewo Rui Company has commissioned a third-party professional agency to audit the company’s operations. Preliminary results show that the online circulating figures are significantly exaggerated.

It is understood that relevant departments are investigating various clues and will handle them according to laws and regulations. Meanwhile, the task force has set up a public consultation hotline: 0755-25690100, 0755-25690162 (Open daily from 9:00 to 18:00, including weekends).

Previously, regarding this incident, an interviewee told reporters that she had invested a total principal of 2 million yuan, but now these funds cannot be withdrawn (for details, see: On-the-spot Investigation | “Just Want to Get Back the Gold Bars”! Shenzhen Shuibei Has Another Platform “Exit Scam”, Reporter Investigation: Possibly Triggered by Illegal Gold Trading!). On the 31st, the interviewee told reporters again that she had gone to the offline contact point for consultation, hoping to get a clearer resolution.

Investors Are Becoming Cautious

In addition to the “Jiewo Rui” incident, the sharp fluctuations in international gold and silver prices have also attracted market attention. In the early hours of January 31, Beijing time, precious metals such as gold and silver experienced a “flash crash.” Taking gold as an example, spot gold first broke through the $5,500 per ounce mark on January 29, but after approaching the $5,600 level, it declined. On January 30, spot gold accelerated its decline, falling below $4,900 per ounce.

Meanwhile, in the Shuibei market in Shenzhen, the highest price for gold jewelry reached nearly 1,400 yuan per gram, but by the 31st, the quote had fallen to around 1,262 yuan.

Zhong, a manager engaged in gold jewelry business at Shuibei Gold Plaza, told reporters that recent news in Shuibei market has been continuous, but the impact on market popularity is not yet obvious. “As the Spring Festival approaches, many still choose gold as gifts, but in recent days, fewer customers are buying gold bars. The large fluctuations in prices have made many investors cautious.”

The World Gold Council’s latest 2025 “Global Gold Demand Trends Report” shows that the total global gold demand in 2025 will reach 5,002 tons, setting a new high. Structurally, investment demand has become the core force driving the record-breaking global gold demand in 2025. Meanwhile, in 2025, global demand for gold bars and coins will reach 1,374 tons, valued at approximately $154 billion, a 12-year high. The markets in China and India performed notably, with demand increasing by 28% and 17% year-on-year, respectively, contributing to over half of the demand in this sector.

(Source: Securities Times)