In May 2017, Changjiang United’s illegal operations were exposed and punished.

The Yangtze United Metal Trading Center (referred to as the Yangtze United Metal Trading Center) uses tempting propaganda such as "little risk, high returns" to guide investors to open accounts and trade spot products such as Yangtze Oil. When the so-called teacher "calls for orders" Under his guidance, many investors suffered heavy losses. Behind the heavy losses of many investors, the performance of Changjiang Investment, the major shareholder and sponsor of Yangtze United, has increased significantly. Regarding the performance growth, Yangtze Investment said that the net profit achieved by the joint-stock company Shanghai Yangtze United Metal Trading Center Co., Ltd. increased year-on-year.

On July 19, 2016, the Market Operation and Consumption Promotion Department of the Ministry of Commerce of the People’s Republic of China (National Silk Extraction Coordination Office) issued an application for disclosure of crude oil, refined oil storage, wholesale, and Unified reply to sales management qualification information. Provide unified responses to a large number of information disclosure applications accepted in recent years regarding the bulk commodity trading market and its member companies’ crude oil, refined oil storage, wholesale, and sales business qualifications.

The document emphasizes that no application has been received from the corresponding enterprise for qualifications for crude oil and refined oil storage, wholesale, and sales operations, and no approval certificate for crude oil, refined oil storage, wholesale, and sales operations has been issued. Attached is a list of 137 unqualified trading platforms and member units, including: Yangtze River United, Beijing Commodity Exchange Co., Ltd. (Beijing Commercial Exchange), Dalian Petroleum Exchange (Dalian Exchange), Qingdao Qilu Commodity Exchange Center (Qilu Institute) and other spot trading markets.

Currently, only the crude oil futures trading carried out by the Shanghai Futures Exchange is legal crude oil trading, which was officially approved by the China Securities Regulatory Commission in December 2014.