Shanghai Jimei Galaxy Digital Tech in Crisis

According to TapTechNews on May 31, recently, a netizen posted on Maimai claiming that Shanghai Jimei Galaxy Digital Technology Company (Jimei Galaxy) has encountered a financial crisis, the company's boss has lost contact, and the salaries of hundreds of employees have not been paid for several months, with a cumulative loss of up to 6.2 billion Chinese yuan (about 880 million US dollars).

A police report receipt has recently been spreading rapidly on social media, and the reported content is to find Chen Qun, the boss of Shanghai Jimei Future Park. According to the report of Dute News on May 29, employees received a notice of 'the boss running away and the company going bankrupt' on May 27, and the situation of unpaid wages is true, and they are currently in collective labor arbitration for rights protection.

Some employees disclosed to the Southern Metropolitan Daily that the signboards on Jimei Future Park at No. 819 and 869 Nanwenzao Road, Shanghai have been dismantled. Another employee of Jimei Technology claimed that they have reported to the police in real name and when they rushed to the villa where the company's boss was to look for someone, the scene was already empty, with only an A4 printing paper and a USB flash drive left. The printing paper stated that because the company's boss was unable to pay off the investors' money totaling 6.2 billion yuan (about 880 million US dollars), he ultimately had to choose to escape.

Public information shows that Shanghai Jimei Galaxy Digital Technology Co., Ltd. was established in February 2023, and it is an enterprise mainly engaged in the software and information technology service industry. The company's registered capital is 78.61 million Chinese yuan (about 11 million US dollars), and the legal representative is Chen.

The company's official channel information shows that Jimei Galaxy is a diversified technology group with more than ten technology subsidiaries and holding companies under its umbrella, with businesses spreading across more than 40 cities in China and globally, and has more than 1,000 employees, of which more than 800 are high-level R & D personnel.

TapTechNews visited the official website of Jimei Galaxy and found that the company's website has an error and cannot be accessed. In addition, the company's WeChat public account 'Jimei People' also posted a tweet about new employee training on May 24, that is, three days before the 'unpaid salary and running away' incident.