The state-owned platform company is a Economic entity established by the local government and its subordinate departments or units through financial allocation or injection of land, equity and other assets, which has the function of investing and financing government public welfare projects, and has the qualification of an independent enterprise legal person, shouldering the responsibility of promoting local economic construction. Due to its large size, abundant assets, and extensive business, state-owned platform companies also have many integrity risk points. The Second Plenary Session of the 20th Central Commission for Discipline Inspection emphasized highlighting key areas and deepening the rectification of corruption in industries such as finance, state-owned enterprises, politics and law, where power is concentrated, capital intensive, resource rich, and food procurement and sales. Since last year, the disciplinary inspection and supervision authorities in Changzhou City, Jiangsu Province have investigated and dealt with multiple disciplinary and illegal cases involving state-owned platform companies. What problems have these cases exposed? What are the underlying reasons for the problem? How to promote reform and governance through cases? The reporter conducted an interview. In December 2021, the management personnel of individual state-owned platform companies colluded with "fund brokers" and other internal and external parties, fabricated trading links, colluded in fraud, illegally paid high intermediary fees, and collaborated to defraud money. The Changzhou Municipal Commission for Discipline Inspection and Supervision, in conjunction with the Changzhou Municipal State owned Assets Supervision and Administration Commission, sorted out the financing and bond issuance situation of state-owned platform companies in the city in recent years, and jointly analyzed and judged with the audit department, focusing on financing projects with high financing costs and abnormal payment of intermediary fees, Some suspicious issues were discovered and subsequently distributed to the disciplinary and supervisory commissions of each jurisdiction for verification according to their management authority. A batch of clues were unearthed and a batch of cases were handled. Chen Yingxin, former Chairman of Jiangsu Kewei Holding Group Co., Ltd., served as the General Manager of Zhonglou New City Investment and Construction Co., Ltd. (hereinafter referred to as Zhonglou New City) from June 2015 to July 2017. After receiving clues about Chen Yingxin's problem, the investigators conducted a comprehensive analysis of his financing situation during his tenure in Zhonglou New City. We found that Chen Yingxin raised funds very frequently during her tenure, operating a total of 55 financing businesses over the past two years, many of which had abnormal situations such as paying high financial advisory fees, "said Wang Huitang, a staff member of the Second Review and Investigation Office of the Discipline Inspection Commission of Changzhou Economic and Technological Development Zone. After investigation, in early 2016, Chen Yingxin conspired with "fund broker" Yang to create a false financing service link and falsely list "financial advisory fees" in a financing business, jointly fraudulently obtaining millions of yuan in public funds. Chen Yingxin, who tasted the sweetness, contacted a new "fund broker" and "invoicing agency" through her friend Huang, who works at a certain commercial bank, and used the same fraudulent means to once again deceive a huge amount of public funds. First, collude with "fund brokers", and then fabricate so-called "service fees" and "intermediary fees" to embezzle public funds, gradually surfacing the "wealth collection technique" disguised as financing projects. During the development and financing process of Zhonglou New City and its subsidiaries, Chen Yingxin colluded with others to embezzle public funds amounting to tens of millions of yuan by signing false financing service agreements. The Zhonglou District Commission for Discipline Inspection of Changzhou City used the Big data query and judgment center of the District Commission for Discipline Inspection to screen, compare and correlate data such as intermediary and consultant service fee bills when dealing with clues such as the high financing rate and high intermediary fees in Zhonglou New Town, and found that there were doubts about a 1.8 million yuan consulting fee. After receiving this 1.8 million consulting fee, the person in charge of the receiving company immediately received it from