In the long history of ancient and modern China and foreign countries, stories of family disputes are not uncommon. However, when this dispute is staged in the home of a wealthy family in the business world, its twists and turns often attract more attention. Grievances: The financial entanglement between Ding Yumei and Xu Tenghe reflects the wisdom and family affection of the family's wealth inheritance.
In this bustling and hustle and bustle of the city, stories of money and emotions are not uncommon. Recently, Ding Yumei, the ex-wife of Xu Jiayin, the founder of Evergrande Group, sued her second son Xu Tenghe to the High Court of Hong Kong, and a mother-son lawsuit involving more than 1 billion Hong Kong dollars has become the focus of the world. Today, let's walk into a grievance entanglement of the family of Xu Jiayin, the founder of Evergrande Group, and see what happened behind this recovery case involving more than 1 billion Hong Kong dollars?
It is reported that Ding Yumei's entry into the court this time stems from a loan agreement signed on June 16, 2020. According to the content of the agreement, Xu Tenghe should repay the loan to his mother Ding Yumei on the agreed date. What hidden family wealth inheritance wisdom and lessons. However, when the repayment date came, Xu Tenghe failed to perform the contract as scheduled.
Speaking of Ding Yumei, Xu Jiayin's ex-wife, a woman who is quite influential in the business world and family. As a result, Ting Yumei took proceedings to the court to recover the equivalent of over HK$1 billion. This includes not only the loan principal, but also interest and overdue interest. And Xu Tenghe, as Xu Jiayin's second son, has always attracted the attention of the family and the public.
As soon as this incident came out, there was an uproar. However, the once close mother-son relationship has now gone to court over a huge loan. After all, in the eyes of most people, wealthy families often have strict family education and family style, and disputes between family members are often resolved in a way within the family. However, Ding Yumei chose to make the matter public, pushing the entanglement between parents and children to the court. This undoubtedly filled the outside world with speculation and reverie about this incident.
It is reported that Ding Yumei submitted a complaint to the High Court of Hong Kong on February 26, 2024, to recover from Xu Tenghe.
From the perspective of being a person, Ding Yumei's move may have its last resort. Equivalent to more than HK$1 billion. After all, having worked in the business world for many years, she knows the importance of money. Xu Tenghe's failure to repay the loan as scheduled is undoubtedly a serious infringement of Ding Yumei's rights and interests. The dispute arose out of a loan agreement signed on June 16, 2020. Perhaps, in Ding Yumei's view, making this matter public can not only force Xu Tenghe to repay the loan as soon as possible, but also take this opportunity to let the outside world see the loopholes in the family management of the Xu Jiayin family. According to the agreement, Xu Tenghe, as the borrower, failed to repay the loan to Ding Yumei on the agreed repayment date, resulting in Ding Yumei having to file a lawsuit with the court to recover the arrears and interest.
Of course, some people think that Ding Yumei's move is too impulsive.
From this incident, it is not difficult for us to see the importance and wisdom of family wealth inheritance. After all, family ugliness should not be publicized, let alone disputes within the family. First of all, as a member of the family, Xu Tenghe should be clear about his responsibilities and obligations, and be cautious about family assets and financial issues. Making this matter public will not only disgrace Xu Jiayin and Xu Tenghe, but also may have a negative impact on the reputation of Evergrande Group. However, Ding Yumei doesn't seem to care about this, she just wants her money back.
In fact, in the business world, it is not uncommon for fathers and sons, mothers and sons to turn against each other because of money disputes. Before signing the loan agreement, he should fully assess his ability to repay the loan to ensure that the family's assets will not be damaged due to personal reasons. However, it is rare for someone like Ding Yumei to choose to push the dispute to court.
Secondly, as the elder of the family and the ex-wife, Ding Yumei should also pay attention to communication and consultation with her children while safeguarding the interests of the family. This makes people think: between money and family affection, how should we choose?
Perhaps, this incident can shed some light on us. In the process of dealing with people, we should always keep in mind that money is important, but family affection is more precious. When she found out that Xu Tenghe had failed to repay the loan on time, she could have taken a more gentle and rational approach to resolving the issue rather than resorting directly to legal means. After all, disputes and conflicts within the family should be resolved through mechanisms within the family. When we are faced with the choice between money and family affection, we should remain calm and rational, value harmony, and try to avoid pushing the dispute to the point of being out of control.
Let's take a look at two more stories related to the inheritance of family wealth. Only in this way can we gain a foothold in the business world while protecting our family and family.
In short, this dispute between the Xu Jiayin family is a wake-up call for us. The first story is about a wealthy businessman who finds his children in a dispute over the family property after his death. In the pursuit of money and success, we must not forget the importance of family affection. In order to avoid further escalation of disputes within the family, he decided to hire a professional family trust company to manage his estate. We should learn to find a balance between money and family affection, value harmony, and work together to create a harmonious and happy family and society.
Xu Jiayin's ex-wife recovered more than 1 billion from her second son