TD Online: The holding subsidiary is involved in a contract fraud case of 55.09 million yuan and has reported it to the public security authorities

36Kr learned that TD Online announced that the company's controlling subsidiary, Quanshi Sharing, signed three "Promotion Service Cooperation Contracts" with clients to provide marketing planning and execution services. During the execution of the aforementioned marketing services, Quanshi Sharing discovered that the client's project liaison, Xie Shaifan, and his accomplices were suspected of contract fraud, involving an amount of 55.0853 million yuan. Quanshi Sharing has reported the case to the Chaoyang Branch of the Beijing Public Security Bureau and received a "Case Acceptance Receipt" issued by the Chaoyang Branch on January 14, 2026, indicating that the case has been accepted. The company's management attaches great importance to this matter and has established a special working group to investigate the incident, handle aftermath, and manage risks. So far, 15.8693 million yuan has been recovered