As one of the largest real estate companies in China, Evergrande Group has attracted widespread attention and discussion. However, for many, Evergrande has always been seen as a national enterprise. However, in reality, Evergrande is a veritable foreign-controlled enterprise. Although Evergrande has subsidiaries in Chinese mainland and Hong Kong, it is not registered in China, but in the Cayman Islands, a place known as a "tax haven". In addition, Xinxin Enterprise, which holds the largest number of China Evergrande, is also a foreign-funded enterprise registered in the Virgin Islands. This series of foreign investment backgrounds shows that Evergrande is not a real national enterprise. As the story behind Evergrande is revealed, we can't help but wonder why many companies end up being labeled as "foreign-owned". Perhaps it is precisely in the face of difficulties, in order to protect themselves and avoid risks, some companies choose to transfer assets and debts in disguise, so as to leave themselves a glimmer of life at the last moment.
In the context of Evergrande's thunderstorm, the huge dividends of Xu Jiayin and Evergrande executives have caused widespread controversy. In Evergrande faced 2While the debt of 4 trillion yuan is huge, more than 1.5 million owners are still facing the problem of Evergrande's unfinished projects. Although most of the owners have already paid the purchase price, the delivery date of the house is still far away. However, Evergrande has disregarded the difficulties of debt, and has aggressively transferred assets and paid high dividends. Xu Jiayin even went to the United States to file for bankruptcy protection, in an attempt to evade debt accountability. This kind of heinous behavior has aroused the alarm of the state and also triggered strong condemnation from the society.
The misconduct of Xu Jiayin and Evergrande executives eventually led to their arrest. This is not only a personal punishment for Xu Jiayin, but also a warning to the foreign capital behind Evergrande. The state has been conducting follow-up investigations on Evergrande and its transfer of property, and will definitely take substantive measures. From the successive investigations of Evergrande executives to Xu Jiayin's father and son, this has released a strong signal, that is, no matter who you are, no matter how high your title is, if you dare not repay your debts, and transfer assets abroad through various means, and throw the mess to the country and the people, then all you are waiting for is legal sanctions. This kind of behavior not only harms the interests of the country and the people, but also damages the image of national entrepreneurs and the reputation of national enterprises.
Recently, there has been a significant change in the direction of the wind, and some well-known people and big V who once supported Xu Jiayin began to change their positions and openly accuse Xu Jiayin of being a national sinner. This reflects that the state has already characterized Xu Jiayin. It is reported that the state has been tracking and investigating the suspected asset transfer behavior of Evergrande and Xu Jiayin, and will definitely take substantive action. The news of the arrest of Xu Jiayin and Evergrande executives further confirms the country's determination to hold accountable those who bear great responsibility. The state's handling of the Evergrande thunderstorm incident will play an exemplary role in preventing the recurrence of similar incidents.
Cao Dewang, a well-known industrialist in China, warned about Evergrande's financial situation in 2021. He questioned how Evergrande used its $80 billion in assets to lend $2 trillion. This warning shows Cao Dewang's premonition of Evergrande. Since then, Cao Dewang has realized that things may not be good. And now, this well-designed huge ** has been exposed, and Xu Jiayin has also been woven into the network of evil by his own actions.
The fact that foreign capital is controlled by Evergrande reveals the phenomenon of some companies transferring assets and debts in disguised form in order to protect themselves and avoid risks. Many companies have followed suit, which poses a huge threat to the interests of the country and the people. The state will not sit idly by and ignore such behavior, and in the handling of the Evergrande incident, it will show a stern attitude towards illegal acts, so as to play a deterrent role and avoid the recurrence of similar incidents. At the same time, we also need to examine the behavior of entrepreneurs and seek legal and compliant development methods to enhance the international reputation and influence of Chinese enterprises. Only in this context can the common development and prosperity of enterprises and countries be realized.