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With the rise of the Internet era, the network platform has become the first choice for many scattered car dealers, as long as a certain deposit can be paid. However, under the influence of the market, many well-known second-hand car stations have difficulties in operation, and scattered car dealers have failed to collect debts.

Recently, netizens revealed that a large number of activists holding rights banners were "collecting debts" in front of a Youxin used car store. The picture shows that there are a large number of activists standing in front of the store, holding banners in black and white, which read: "No good faith, return my hard-earned money", "US listed companies deceive my Chinese partners", "good faith is not good faith, do not exchange debts, heaven and earth cannot tolerate" and so on.

According to the leaked information, this group of defenders are all partners of "Youxin used cars". In order to join Youxin, these partners paid a deposit, but later Youxin changed the contract many times and failed to refund the partner deposit. In desperation, these partners can only go to Youxin Xi'an headquarters to protect their rights and collect debts.

In addition, according to the official Weibo "Xi'an Live" revelations, some netizens invested in second-hand car projects, and later due to fruitless discussions with partners, the business stop franchise fee can not be recovered.

Netizen Mr. Hou revealed to the media that this is a project done by Youxin second-hand cars on the 7th floor of Block A, a financial town in Lugang, Xi'an, in 2018, and it is estimated that there are already 1,000 or 2,000 franchisees in the country. But Youxin unilaterally stopped the business in 2020, and the whistleblower mentioned that tens of millions of deposits owed to partners had not been refunded. Partners in the negotiation process with Youxin company, Youxin company is due to lack of money and other reasons to delay.

At first, Youxin will make a refund in installments, but in the end, it was to no avail. By the end of 2020, Youxin told the partners that a solution would be to settle 50% of the arrears directly. You can choose to accept or wait for other solutions.

In desperation, these partners can only sue through the court, but still can not get a refund after winning the lawsuit. The reason is that Youxin has transferred all the original company property to other branches, so that the defendant's branch has no property to be enforced. This Mr. Hou said that there are hundreds of partners in the same situation, involving tens of millions of yuan.

In response to the above information, Youxin second-hand cars made relevant responses and responses before the deadline.

According to Tianyan, Youwei (Shanghai) Information Technology Co., Ltd. was established in March 2015. its legal representative is Zeng Zhen, with a registered capital of 250 million US dollars, and its business scope includes used car brokerage, computer system integration, automobile sales, investment consulting and so on. According to the Huaxia Times, the company is an affiliated company of Youxin used cars.

In fact, in May last year, Blue Whale Finance reported that Youxin dealers collectively protect their rights because the commission and deposit are difficult to refund. It is understood that many of these car dealers were once members of Youxin's national agents, but they found that the commission they should have received in the sale of the platform had not been paid for a long time, and some of the withdrawal agents had not received a deposit so far.

According to the report, the dealer's commission arrived soon after the transaction was completed, but it was delayed from one month to three months without a result.

In addition to the problem that the commission is difficult to refund, Youxin's previous deposit collected when recruiting agents across the country has also triggered complaints from dealers.

Many merchants said that they could not receive the returned deposit after the New deal revised the contract. Another Inner Mongolia dealer originally agreed to sign the old contract termination agreement in December 2019. Youxin promised in the contract to refund a total of 30,000 yuan in regional franchise fees within 60 working days of the signing date of the agreement, but it had not been received as of May last year.

The deposit is difficult to refund, which is also related to the company's operational difficulties. Since 2020, Youxin second-hand cars have experienced layoffs, shop closures and losses because of operational difficulties.

In March 2020, it was revealed that Youxin used cars had an impact on the market due to the epidemic, with the average employee's salary cut between 20% and 30%, and that of senior executives by more than 40%. In response to the news, Youxin responded that the move was to cope with the shock to tide over the difficulties, and insisted on not laying off staff.

At present, many departments of Youxin headquarters in Beijing have been abolished and relocated. In addition to legal affairs and technology, the employees left behind can only consider whether to go to Xi'an or accept compensation to leave.

There is also news that Youxin used cars will be closed in a number of supply cities, and eventually only more than 30 may be left, with a total of more than 40 stores closed.

Operating difficulties mean that revenue will also fall sharply. According to the latest financial report of Youxin used cars, the total revenue in the second quarter of 2021 was 76.4 million yuan, compared with 397 million yuan in the same period last year, down 80.76% from the same period last year. The net loss was 259 million yuan, compared with 202 million yuan in the same period last year, an increase of 28.22%.

As losses have intensified, the company's share price has fallen again and again, from $2.7 billion at the beginning of the listing to less than $400m, and may even be at risk of delisting.

The used car platform, which originally wanted to change the rules of the used car market through the Internet, has fallen back one by one, and even Guazi, the biggest player in the market, has frequently exposed problems, resulting in many shop closures, which undoubtedly reflects that the second-hand market is still unable to achieve transparency and rationalization. Even if a large amount of advertising money is invested every year, it can not be recognized by consumers, which obviously brings everything back to the origin of the market.

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