Jiang Fangzhou's businesses have all been deregistered.

According to media reports, recently, Jiang Fangzhou's master's thesis was found to have 9 instances of academic misconduct involving text overlap with foreign journals. After having his master's degree revoked by Renmin University of China, Jiang Fangzhou issued an apology, sparking heated discussion on the topic. The Tianyancha App shows that Jiang Fangzhou is affiliated with 4 companies, including Guangzhou Real Interesting Cultural Investment Co., Ltd. and Yichang Qidian Cultural Communication Co., Ltd., all of which have been deregistered.