The present debt crisis of LeEco has spread from the supply chain to the capital market, and is causing partial financial risk in the Chinese market; this is a typical example of the rapid expansion of an enterprise that causes partial financial risk. In recent years, there are many examples of Chinese enterprises becoming "strong" through debts and excessive funds; various means of leveraging have caused overall high corporate debts, which has become a huge risk in the Chinese economy. The scale and proportion of corporate debts have become a prominent risk. Financial regulators should be highly vigilant on this and prevent these risks to become interrelated to form systemic risk.