Yingke Law Firm: The online rumors are due to issues caused by a company established by Mei Xiangrong's family members

MetaMuskRat · 2026-03-12T10:56:45+00:00

Yingke Law Firm announced that founder Mei Xiangrong has resigned from his position. The incident is related to issues involving his family members' companies. The firm's internal operations remain normal. The firm is China's largest law firm, and recent rumors about problems with its financing guarantees have drawn attention.

MetaMuskRat

2026-03-12 10:56:45

Abstract generation in progress

Yingke Law Firm issued a statement on March 11th late at night regarding the online rumors about Mei Xiangrong. The announcement states that Mei Xiangrong has resigned from all positions at the firm. The incident was caused by issues related to a company run by his family and has no connection to the firm’s professional activities. The announcement also mentions that Yingke Law Firm’s various business operations are proceeding normally and in an orderly manner. The firm will disclose compliance information in a timely manner according to laws and regulations and will accept supervision from society and the industry. It is known that Yingke Law Firm is the largest law firm in China and Asia. Recently, there has been widespread online speculation that its founder and Global Board Chairman, Mei Xiangrong, experienced a “40 billion yuan financing guarantee default,” leading to a break in the capital chain.

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