According to Wu's report, as disclosed by "Financial Story Collection", Feng Dian, the former general manager of the e-commerce service provider operation center of Kuaishou, used his position to collude with suppliers to embezzle company subsidy funds, with the amount involved reaching as high as 140 million yuan, setting a new record for corruption in large companies. Feng Dian's gang defrauded subsidies through false applications and used an overseas Virtual Money trading platform to launder the funds before converting them back to RMB. Previously, according to a report by the "People's Daily", a former employee of a certain short video platform, Feng, colluded with external merchants to fraudulently obtain huge subsidies by leaking internal data and making false declarations.