2025年9月，深圳水貝——全中國最大的黃金珠寶原料集散地——發生一起重大金融糾紛事件，多家黃金原料供應商突然爆雷並逃離市場，引發行業內廣泛關注。據報導，這些供應商在短時間內中斷供貨，並消失無蹤，導致與其有業務往來的黃金回收商和珠寶加工商陷入資金和貨物損失的困境。

自10月開始，深圳水貝的黃金回收商便開始積極追討貨款。他們向深圳德君金業出售大量黃金原料，然而不僅未能收到應得的貨款，所售出的黃金也下落不明。這使得許多回收商面臨資金鏈斷裂的風險，也在行業內造成不小的恐慌。

事件曝光後，引起市場的廣泛關注與討論。業內人士指出，深圳水貝作為全國最大的黃金珠寶交易集散中心，其供應鏈複雜且交易額龐大，任何環節的風險都可能迅速傳導至整個市場。多名受害商戶表示，由於黃金價格高昂、交易量大，一旦供應商跑路，損失往往非常巨大，短時間內很難追回資金或貨物。

此外，該事件也引發對行業監管和交易風險控制的討論。市場觀察者認為，黃金珠寶原料行業長期存在信用缺失和風險分散不足的問題，此次事件暴露行業在資金管理、交易透明度以及法律保障方面的漏洞。受害商戶正透過法律途徑和行業協會協助追討欠款，希望能減少損失並促進行業規範化。

整體而言，這起事件不僅讓深圳水貝的黃金交易市場面臨信任危機，也再次提醒業界，面對高價值原料交易，建立完善的風險管理機制和信用保障制度至關重要。

In September 2025, multiple gold raw material suppliers in Shuibei, Shenzhen—the nation’s largest gold and jewelry distribution hub—suddenly went bankrupt and fled the market, triggering widespread concern across the industry. According to reports, these suppliers abruptly stopped supplying materials and disappeared, leaving gold recyclers and jewelry manufacturers who had business dealings with them facing both financial losses and missing goods.

Starting in October, gold recyclers in Shuibei began actively pursuing the payments owed to them. They had sold large quantities of gold raw materials to Shenzhen Dejun Gold Industry, but not only did they fail to receive the payments, the gold they had sold also went missing. This situation put many recyclers at risk of a cash flow crisis and caused significant panic within the market.

The incident attracted widespread attention and discussion. Industry insiders pointed out that Shuibei, as the largest gold and jewelry trading hub in China, has a complex supply chain and massive transaction volumes, meaning that any disruption can quickly ripple across the market. Affected merchants noted that because gold is expensive and transaction volumes are high, if a supplier flees, the losses can be enormous, and recovering the funds or materials in the short term is extremely difficult.

Furthermore, the case has sparked discussions about industry regulation and risk control in transactions. Market observers believe that the gold and jewelry raw material sector has long faced issues of credit deficiencies and insufficient risk diversification. This incident exposed gaps in capital management, transaction transparency, and legal protections. Affected merchants are now seeking legal recourse and assistance from industry associations to recover their owed funds and minimize losses, while also pushing for more standardized practices in the sector.

Overall, this event not only shook the trust in Shenzhen Shuibei’s gold trading market but also served as a stark reminder of the critical importance of establishing robust risk management and credit protection mechanisms in high-value material transactions.