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Ming Yuan Cloud

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2026

    Mingyuan Cloud's Value Falls From 100 Billion to Under 3 Billion; Property Client Bad Debt Provisions Top 50%, Staff Cut by 60%

    Hit by the property downturn, Mingyuan Cloud's revenue has declined for consecutive periods; in the first half of 2025, provisions on receivables and contract assets reached 53.3% of gross book value, its workforce fell from 4,247 in 2021 to 1,663 by the end of 2025, and its share price has retreated more than 96% from its peak; the company also issued a profit warning. Progress: media reports. Entity involved: Mingyuan Cloud Group Holdings Limited. Scope: property SaaS business.

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