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Reasons for Evergrande's blacklist of dishonesty
12 In August, Evergrande Real Estate Group Co., Ltd. became the executor with the execution target of 1360923900 yuan and the case number of (2022) Jin 0 1 Executive 2488. The executive court is the Intermediate People's Court of Taiyuan City, Shanxi Province.

According to Leju Finance, Evergrande Real Estate Group Co., Ltd. was established on1June 24, 1996, with Zhao Changlong as its legal representative and a registered capital of 3,939,796,387 yuan. Its business scope includes real estate development and operation. Real estate consulting services, etc. The company is a holding subsidiary of China Evergrande and the main body of the Group's real estate business.

According to the investigation of enterprises, Evergrande Real Estate Group Co., Ltd. involved 4 15 1 case, and the number of persons executed was 132, with a total amount of 19749520600 yuan; There are 12 records that restrict high consumption; There are 5 records in this case, and the total unpaid amount is 26 1.39 million yuan.

I. Lessons from Evergrande

Today, Evergrande actually has a clue.

Thunderstorms in enterprises often start with the default of small debts, and then have a chain reaction. Breach of contract led to a run on financial institutions and cash flow was cut off. Finally, it is the turn of enterprises to sell assets and lay off employees.

The cash flow crisis has always been a sword hanging over Evergrande. Since 20021,Evergrande has been shouting the slogan of "high growth, scale control and debt reduction". At present, the total debt16151000000 yuan is an astronomical figure for any enterprise.

Coupled with the pressure of supervision, Evergrande has become the object that banks and financial institutions can't avoid. It is extremely difficult to repay old debts with new debts and realize capital turnover.

Historically, Evergrande has turned the tide many times.

In the financial crisis of 2008, Evergrande's capital chain was on the verge of breaking. At the critical moment, Zheng Yutong, Liu Luanxiong and other Hong Kong-funded tycoons came to the rescue. Later, Evergrande faced a breach of contract because of the gambling clause, and finally it was able to extend its life with the help of Zhang and others. However, this time the country is determined to make a move on real estate, and Evergrande may not be able to continue its past luck.

Second, why didn't Xu Jiayin become Lao Lai?

There are two reasons:

First of all, the person subject to breach of trust should be the person subject to execution first. The executor is Evergrande Real Estate Company, and Xu Jiayin is the actual controller of Evergrande Real Estate. It is the company that owes money, not Xu Jiayin himself. Therefore, it is also the company's list of untrustworthy executors on the Internet, not Xu Jiayin himself.

Secondly, when the person subject to breach of trust is a company, restrictions such as flying and high-speed rail are not allowed, which are actually aimed at the legal representative of the company. However, the legal representatives of Evergrande Real Estate Group Co., Ltd. and Evergrande Group Co., Ltd. are not Xu Jiayin. Therefore, even if the company is accepted for breaking the list of executors, it will have little impact on Xu Jiayin. 1, open the browser, and open the official website of China Executive Information Open Network;

2. Find the "untrustworthy executor" in the middle of the webpage and click;

3. Click "untrustworthy person", enter the query page, and enter the name and ID number of the inquired person in the column of query conditions;

4. After entering the information, select the province. After choosing a province, it will appear all over the country. Select the province to query;

5. After selecting the province, enter the verification code and click Query to find the untrustworthy person.

Persons who are included in the list of people who have lost their trust will not be allowed to make the following high consumption:

1. When taking transportation, choose the cabin above the second class of the plane, train soft berth and ship;

2. High consumption in hotels, hotels, nightclubs, golf courses and other places above the star level;

3, the purchase of real estate or new construction, expansion, high-grade decoration housing;

4. Rent high-grade office buildings, hotels, apartments and other places to work;

5. Purchase non-operating vehicles;

6. Travel and vacation;

7. Children attend private schools with high fees;

8. Pay high premiums to buy insurance wealth management products;

9. Other high consumption behaviors that are not necessary for life and work.

Provisions of People's Republic of China (PRC) * * and the Supreme People's Court, People's Republic of China (PRC) on publishing the information of the list of people who have been executed in bad faith.

Article 1 If the person subjected to execution fails to fulfill the obligations specified in the effective legal documents, and under any of the following circumstances, the people's court shall include him in the list of people subjected to execution for breach of trust, and impose credit punishment on him according to law:

(1) Having the ability to perform and refusing to perform the obligations specified in the effective legal documents;

(2) Obstructing or resisting execution by forging evidence, violence or threats;

(3) evading execution by means of false litigation, false arbitration or concealing or transferring property;

(4) Violating the property reporting system;

(5) Violating the consumption restriction order;

(6) refusing to perform the settlement agreement without justifiable reasons.