$乐信(LX)$ I'm blowing the lid off Lexin's VIE scam with official Chinese business records:
1. Xiao Wenjie personally owns 95% of Shenzhen Xinjie Investment, the top company that controls every part of Lexin's domestic business.
2. That company owns the core Fenqile operating firm, which just added a 100% owned lending company in April 2026. This is the real company running the Fenqile platform, not the empty Caymans shell you own.
3. Let's be clear: When you buy $LX, you're not buying Fenqile. You're buying a piece of paper that can be thrown out at any time. All the actual money, business, and assets are locked up in China, controlled 100% by Xiao Wenjie.
They're offering a million bucks to catch bad guys, but won't answer for their own missing invoices and VIE problems. Cowards hide in silence. Prove me wrong, or sit there and take it.
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