The liquidation is over! Xu Jiayin and Evergrande coexisted and died, and Ding Yumei s ending was em

Mondo Sports Updated on 2024-02-01

The liquidation is over! Xu Jiayin and Evergrande coexisted and died, and Ding Yumei's ending was embarrassing

The liquidation is over, and this turbulent economic storm has finally come to an end after a long wait.

In this storm, the coexistence of Evergrande and Xu Jiayin has become the most eye-catching focus, and Ding Yumei's ending is even more embarrassing.

Xu Jiayin, a business tycoon, once owned the real estate empire of Evergrande. However, under the huge impact of economic fluctuations and market changes, Evergrande has fallen into huge operating difficulties.

Eventually, winding up became an unavoidable option. This decision means that the dream and empire founded by Xu Jiayin are about to come to an end. However, as an entrepreneur, he also showed tenacity and decisiveness in the midst of this storm.

Ding Yumei's ending is embarrassing. She may recall the time she spent in Evergrande and reminisce about the once glorious enterprise.

Evergrande Group's voluntary liquidation application this time has brought a huge shock to the industry. This once glamorous corporate giant is now in a desperate situation.

The decision undoubtedly reveals that Evergrande is already facing severe financial difficulties, forcing it to take extreme measures to deal with the current difficulties.

These words are exactly like Jack Ma's oath to Alipay in the past, but they are in stark contrast to Xu Jiayin's actions.

Jack Ma has fulfilled his promise to donate to Alipay's country, which has won the hearts of the people. On the contrary, Xu Jiayin did not contribute Evergrande to the country, but brought 2A huge debt burden of $5 trillion and hundreds of thousands of unfinished real estate projects.

At the beginning of the Evergrande crisis, Xu Jiayin repeatedly stated that even if Evergrande fell into a financial crisis, it would never let investors suffer huge losses.

However, his promises proved to be as fragile as a cloud in the wind. After the Evergrande crisis broke out, not only did he not fulfill his promises, but instead led to huge debts and huge unfinished projects.

Although the much-anticipated Evergrande crisis caught countless people off guard, Xu Jiayin's decision and actions were unexpected.

At a time when Evergrande's investors are resenting the northwest, the Chinese business giant has made a technical divorce decision in his private life and parted ways with his wife, Ding Yumei.

With the decision to divorce, Ding Yumei was not forced to fall into trouble, but went overseas with tens of billions of assets and chose to enjoy her old age in a foreign country.

At the same time, Xu Jiayin did not stop there. On the occasion of the divorce, he not only used the huge assets donated by Ding Yumei for overseas investment, but also purchased a large number of overseas trusts for his son**.

These initiatives show that Xu Jiayin still retains confidence in the future despite the huge financial pressure, and creates more possibilities for the continuation of the family's wealth through clever financial planning.

The winding-up petition in relation to Evergrande will result in the complete loss of Hui Jiayin's shares in Evergrande. Previously, Evergrande executives had fought back in an attempt to save the troubled Evergrande.

All kinds of discounts** and various preferential activities have come one after another, however, due to Xu Jiayin's huge loopholes, Evergrande's restructuring plan is simply difficult to implement.

Previously, the United States had pressured Evergrande Group to repay up to $100 billion in debt.

However, the current situation suggests that Evergrande Group does not seem to be able to come up with any convincing restructuring plan for creditors. This bankruptcy liquidation application is likely to become a sign of the end of Evergrande Group.

It has been suggested that Mr. Xu's spouse should consider rebringing funds that have been transferred overseas to save Evergrande's predicament.

However, I think it is important to inform you that the financial whirlpool that Evergrande has found itself in is really incalculable, and for the time being, the only way to do so is to file a winding-up petition that is in the best interest of preserving the creditors' assets.

Looking back on Xu Jiayin's life experience, he was one of the richest people in China, involved in the football industry, and devoted himself to the field of automobile manufacturing, but in the end he could not avoid falling into a debt crisis, which is deeply regrettable.

Xu Jiayin, as a giant in China's real estate industry, has become a topic of conversation among industry insiders.

However, his financial situation has not been smooth sailing, and to some extent, he has set a record for liabilities in the real estate industry.

Not only that, but surprisingly, despite being heavily indebted, Xu Jiayin is still one of the most lucrative founders among real estate developers.

In stark contrast to Xu Jiayin, Wang Jianlin, another Chinese business magnate, is widely praised for his brilliant business vision and decisive decision-making.

When Wang Jianlin faced a debt crisis, he showed excellent resilience and quickly took a series of measures to mitigate the risks.

The first is the ** cultural tourism city project, followed by the Wanda Hotel, and recently began to sell its Wanda Plaza.

Although Wang Jianlin, who was born in the military, may not be endowed with the aura of high wind and brightness, he has been focusing on minimizing the debt crisis, at least in this respect, and has not added too much burden to the country, which is really worth learning from the majority of private entrepreneurs.

Looking back on the entrepreneurial process of Xu Jiayin and Wang Jianlin, it is thought-provoking.

Xu Jiayin did not hesitate to go to great lengths to make ends meet by borrowing money, and in stark contrast, Wang Jianlin would rather give up some interests to protect the rights and interests of creditors.

In this storm of liquidation, Xu Jiayin and Evergrande may become a piece of history, but this does not mean that their story is over.

Perhaps behind the failure and liquidation, there are more profound revelations and lessons.

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