近日，中國手機租賃平台「青雲租」在全國範圍內突然爆雷，引發投資者、員工與社會各界高度關注。「青雲租」曾聲稱在全國擁有 300家門店，並依託國資及港股上市背景，對外宣稱年化收益可達16.8%。然而，隨著資金鏈斷裂，公司總部解散、員工欠薪，留下一個超過10億元的資金缺口，數千名投資者血本無歸，投入金額從數萬元至上百萬元不等，多數資金來源於親友間的相互推薦。

這一事件的爆發背後，揭示「青雲租」以高收益和誘人返利作為主要吸引手段的運作模式。平台宣稱投資者「躺著就能年賺16.8%，兩三個月即可回本」，並設計誘人的邀請返利制度。例如，用戶在平台成功邀請好友租用商品，即可獲得一定比例的現金獎勵：租用一部蘋果16 Pro Ma手機，總金額13,000元，用戶可獲得 2.5% 的佣金，也就是325元。這種高回報與零風險的表面承諾，使不少投資者深信不疑，紛紛投入資金。

隨著公司資金鏈崩潰，員工亦遭受損失。一名員工透露，在上班僅一個月後，他已經「倒貼32萬元」，顯示公司經營問題早已累積。隨事件擴大，多地警方已介入，啟動調查程序，針對投資者損失、員工欠薪以及公司高層管理責任展開全面調查。

此次「青雲租」爆雷，不僅暴露部分新型租賃及投資平台在高收益誘惑下存在的風險與監管漏洞，也提醒社會大眾對類似宣稱高回報的平台保持高度警惕，避免盲目投資，保護自身財產安全。事件後續將直接影響受害投資者的權益追索以及行業監管政策的進一步完善。

Recently, the mobile device rental platform Qingyunzu suddenly collapsed, triggering widespread concern among investors, employees, and the public. The platform had previously claimed to operate 300 stores nationwide and promoted itself as being backed by state-owned capital with a Hong Kong stock listing background, boasting an annualized return of 16.8%. However, with the collapse of its funding chain, the company’s headquarters dissolved, employees went unpaid, and a financial gap exceeding 1 billion yuan emerged. Thousands of investors lost their funds, ranging from tens of thousands to over a million yuan, with many investments originating from recommendations among family and friends.

The platform’s business model relied heavily on high returns and attractive referral incentives to draw investors. Qingyunzu promoted the notion that investors could “earn 16.8% annually while doing nothing, and recoup their investment within two to three months.” It also offered referral bonuses: if a user successfully invited friends to rent a product, they could receive a percentage of the transaction. For example, renting an iPhone 16 Pro Max with a total order amount of 13,000 yuan would generate a 2.5% commission, amounting to 325 yuan. These promises of high returns with seemingly no risk convinced many investors to put their money into the platform.

Employees were also significantly affected. One employee revealed that after just one month of work, he had already “lost 320,000 yuan,” indicating that financial and operational problems had been accumulating for some time. As the scandal unfolded, police authorities in multiple locations launched investigations, examining investor losses, unpaid employee wages, and the responsibilities of the company’s senior management.

The Qingyunzu collapse not only exposed the risks and regulatory gaps associated with some new rental and investment platforms promising high returns, but it also serves as a warning for the public to remain highly cautious with such investment schemes. The aftermath will have a direct impact on investors’ ability to recover losses and is likely to influence further regulatory reforms in the industry.