Clothing factory owner encounters a "100 billion debt" misunderstanding, Guangda Bank: unclear reasons

Mr. Qin, the owner of Meiyu Clothing Factory in Zhongshan, Guangdong, inexplicably found himself with a debt of 10 trillion yuan on his credit card from Guangda Bank on the Yunshan Pay app, which was not cleared until December 2023. Officials from Guangda Bank responded that Mr. Qin did not default on his payments. Mr. Qin stated that he demanded compensation from the bank, leading to a stalemate.