还有就是债务问题。盛屯系过去几年融资规模惊人，盛屯矿业与盛新锂能近五年直接融资合计逾百亿元。盛屯集团所持盛新锂能、盛屯矿业股份的质押比例均超过60%。
第三层是下游“淘金客”的AI应用开发商，属于高风险高回报的“掘金者”，短期高度依赖资本输血。
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