It is rumored that the Shui Bei gold material supplier has exploded, "exaggerated and untrue," while many companies are still operating normally

Recently, rumors have emerged online regarding "multiple gold material suppliers in Shui Bei experiencing defaults and fleeing," claiming that "more than a dozen gold material suppliers in Shui Bei suddenly closed their business locations and ceased communication, making it difficult for downstream merchants to recover prepaid funds, involving over a hundred downstream wholesale merchants." The Shenzhen Gold Jewelry Industry Association stated that it has noticed the relevant situation and that the online rumors contain exaggerations and inaccuracies. After the association conducted on-site visits, many of the companies listed in the rumors are still operating normally. Currently, for the few companies that have encountered problems, the public security department has intervened according to the law, and affected merchants can protect their rights through legal means. It is advised to view online rumors rationally and not to trust or spread unverified information