Huanle Aijia, a supermarket chain in Zhumadian, Henan, failed to honor its previously promised payment plan. When a large number of cardholders gathered to defend their rights, they were met with a heavy presence of police and SWAT police for stability maintenance, and many were taken away.
On November 6, because the promised payment plan was not fulfilled, a large number of cardholders gathered in front of Huanle Aijia to protest, accusing Chairman Wang Haizhou of "not keeping his word" and shouting "refund the money." A large number of police gathered at the scene to maintain stability.
On November 5, Huanle Aijia released a "Report on the Latest Progress," stating that the situation had exceeded expectations and that it would abandon voluntary negotiation for repayment, opting instead to apply to the court for restructuring.
October 27, follow-up on the illegal fundraising incident involving the "Tianzhongxing Card" at Huanle Aijia Supermarket in Zhumadian, Henan: stores are deserted, shelves are basically cleared, and multiple depositors seeking rights defense chased and attempted to intercept the person-in-charge Wang Haizhou, shouting demands for the immediate repayment of their hard-earned money.
On September 14, customers at the Huanle Aijia Supermarket in Zhumadian, Henan, protested over restrictions on the use of stored-value cards. Chairman Wang Haizhou appeared on-site, promising that the company's assets were sufficient to cover its debts and pledging to announce a solution by November 6.
On September 15, due to the suspected collapse of the Huanle Aijia Supermarket's "Tianzhongxing Card" and allegations of illegal fundraising, a large number of depositors gathered at the Aijia Disney store in Yicheng District, Zhumadian City, to defend their rights and protest the capital side's postponement plan. Physical clashes occurred between depositors and SWAT police at the scene, and multiple people were detained by the police.
On September 14, more than 100 employees and fund contributors at Aijia Supermarket in Zhumadian, Henan, surrounded chairman Wang Haizhou to demand the return of their money, and clashed with police at the scene. The company had long encouraged employees to deposit their wages and savings into the so-called Tianzhong card; an economic crisis broke out in August, several supermarkets closed and cash withdrawals were suspended.
On September 14, Wang Haizhou, Chairman of Huanle Aijia, appeared on-site and wrote a letter of guarantee, stating that the company's assets far exceed its debts and promising to release a repayment plan by November 6.