Hubei Meiling Bao Modern Agriculture Co., Ltd. colluded with Chongqing Hechuan Puxin Group's fraud gang headed by Kevin Z, Luo, Deng Qingfu, Hu,, Yin Ling and Yanwu's daughter Guoguo, and took advantage of the loopholes in the New Third Board policy to engage in illegal shareholding by killing pigs. Enterprises, major shareholders and related parties collude with each other to raise the stock price knowing that the enterprise is unsustainable, so that the victims mistakenly think that owning stocks is profitable. Trick the victim into transferring the money to the private account of Wei, the shareholder of Meiling Bao, and then sign an equity holding agreement with the victim, with the shell company Zhonghe Century (Jingzhou) Cultural Media Center (limited partnership) as the guarantee. Illegal occupation of the victim's funds for three or four years. After the truth was exposed, he ignored the victim's application for stock withdrawal and refunded the money in the form of his own. Tong Chao, the boss of Hubei Meiling Bao, blamed Wei, the contract payee, on the pretext that Wei's personal behavior had nothing to do with Hubei Meiling Bao and he was not afraid of the victim's prosecution. He said that only Wei received the money, and the Zhonghe Century (Jingzhou) Cultural Media Center as a guarantor was only a limited partnership. The boss of Hubei Meiling Bao fabricated a lie about listing in A shares and Hong Kong stocks, deceiving the victims who could not find Wei and Wei's agent. Hubei Meiling Bao and Tong Chao, the legal representative of Hubei Provincial People's Congress, ignored the legitimate demands of the victims and adopted the methods of delaying, avoiding, shirking and kicking the ball, which made the victims lose all their money.

Hechuan Puxin Group illegally operates securities without the approval of the relevant state authorities, and is suspected of driving up the share price of the New Third Board, tricking victims into signing equity holding agreements with enterprises, and seeking illegal benefits from them. Knowing that the illegal transfer of equity is an illegal business behavior stipulated in the criminal law, the company was cancelled after the incident to avoid criminal responsibility.

Victims should actively use legal weapons to claim rights and interests from Hubei Meiling Bao and its legal person Tong Chao, a representative of Hubei Provincial People's Congress, and its major shareholders to safeguard their own interests; Accuse Chongqing Hechuan Puxin Group of its illegal business practices that disrupt the market order, and let the bad guys be severely punished.