China Gold responded to the "gold store runaway" incident: advance payments to relevant consumers first. Gold worth more than 30 million yuan disappeared with the closure of the store.
Yang Moumou, the original actual controller of Sandingyuan Gold Jewelry Co., Ltd. has been criminally detained by the public security organs and has entered judicial proceedings. 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.