After the renaming, the club struggled to stay afloat between the higher spending clubs in Shanghai, Shanghai Shenhua and Shanghai SIPG, and were relegated to the China League One following the 2015 season. In 2018 the club's owner Xu Guoliang and his company the Hengyuan Corporation would become embroiled in a bitter dispute with the Bank of Shanghai where he claimed that they had embezzled more than 20 billion yuan of his assets from his company and that now all of his assets were frozen. With the club's owner in financial difficulties the they would sell any player to remain afloat, however this resulted in their relegation at the end of the 2019 league season. With even more of a loss of revenue from being in the third tier the club would admit to the Chinese Football Association that they were in financial difficulties and were unable to pay the teams wages for the whole of the 2019 league season so they decided to disband on 3 February 2020.