The troubled micro-lending tycoon Qudian, which has been questioned for its operation ethics domestically upon massive US IPO, is facing a grimmer situation this week after local media Yiben Caijing reveals possible user information by its employees.

The personal information of nearly 1 million students was on sale on black market at a price of RMB 100k. The package was also being sold separately by province with files for each province consisting of tens of thousands of entries. For example, the file for Jiangsu Province includes 51,289 entries. “Data from Beijing, Shanghai and Jiangsu was priced at RMB8,000,” the report citing people familiar with the matter.

These data include a wide range of personal info from generalities like names, addresses, phone numbers to more detailed data such as phone numbers of their parents and friends, loan size, accounts and passwords to CHIS, the state-backed higher-education qualification verification institution in China.

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Emma Lee

Emma Lee is Shanghai-based tech writer, covering startups and tech happenings in China and Asia in general. We are looking for stories related to tech and China. Reach her at lixin@technode.com.