China News Service, Beijing, April 1 (Reporter Chen Kangliang) In response to the "gold store runaway" incident that has attracted much attention recently, the Chinese listed company China Gold Group Gold Jewelry Co., Ltd. (hereinafter referred to as "China Gold") issued an announcement on the 1st The company and relevant responsible parties, in line with the principle of being responsible for the rights and interests of consumers, decided to make advance payments to relevant consumers in advance and make every effort to safeguard the legitimate rights and interests of consumers.

  According to media reports, recent news that the "China Gold Beijing Concept Store" is suspected of closing the store and running away has attracted attention. Many consumers reported that they handled gold "escrow" business at this store. Gold worth more than 30 million yuan disappeared with the closure of the store.

  The announcement released on the same day showed that the Beijing R&F Plaza store operated by Beijing Sandingyuan Gold Jewelry Co., Ltd. (hereinafter referred to as "Sandingyuan"), a franchisee of China Gold, violated the store franchise agreement signed with China Gold. The so-called "Worry-Free Gold Bar Reservation" business was carried out illegally and without authorization, and business activities were stopped privately on December 27, 2023. The products that consumers had purchased were unable to be redeemed, causing a negative impact and arousing widespread social concern. Yang Moumou, the original actual controller of Sanding, has been criminally detained by the public security organs and has entered judicial proceedings.

  China Gold stated that Sandingyuan’s violations not only harmed the legitimate rights and interests of consumers, but also caused an extremely serious negative impact on the company. The company makes every effort to communicate with consumers and relevant parties, fully understands consumers' legitimate demands, actively cooperates with judicial authorities in case investigation, and will assume corresponding legal responsibilities in accordance with the law. In line with the principle of being responsible for the rights and interests of consumers, the company and relevant responsible parties decided to make advance payments to relevant consumers in advance and make every effort to safeguard the legitimate rights and interests of consumers.

  China Gold stated that the company will comprehensively strengthen the access control and supervision management of the franchise business and effectively safeguard the legitimate rights and interests of consumers and good market order. (over)