This coin was actively traded on a few major exchanges for a while. Was released fairly, Chinese language thread was posted first.

The only issue is that 64% of the coins are in one wallet. https://chainz.cryptoid.info/cnc/#!rich

There is some possibility the coins are in the hands of a Chinese exchange that is holding the coins for its customers. A coin this old, fair released and branded as Chinacoin would have a lot of potential and whoever has that 64% has millions of dollars once the market turns up.

The last deposit into the largest wallet came March 2018 from the 5th largest wallet https://chainz.cryptoid.info/cnc/address.dws?CLgMmKnwCEq5267GAucXSfxFTueT2UTURF.htm which has gotten 23% of all mined blocks, and 90% of mined blocks more recently.

Whoever has that huge share, if they distribute it well, has a bonanza.

There is another thread for this coin here https://bitcointalk.org/index.php?topic=322488.0