Xu Jiayin's ex-wife sued her son, is it a pure debt problem, or is it a family conflict?
The ups and downs brought to China's economic circle by this Evergrande family may not even be expected by themselves. When everyone was still immersed in the pain caused by the Evergrande crisis, a new plot appeared in the Xu family - Xu Jiayin's ex-wife Ding Yumei filed a lawsuit against her son Xu Tenghe on the grounds of huge debts, demanding the return of more than one billion Hong Kong dollars in arrears. This"Mother sues son"The operation immediately detonates the ** field, what is this operation? Is it technical debt collection, or is it a family scandal of mother-son confrontation?
I think everyone knows the name Xu Jiayin. He became the richest man in China with real estate, and later became"Property market booster"。Now, due to the Evergrande crisis, Xu Jiayin's legendary life has cast a shadow. His ex-wife Ding Yumei has been hiding behind the scenes, and few people know about this woman who gave birth to children for the Xu family.
In 1983, Ding Yumei and Xu Jiayin married a rich kid. After getting married, Ding Yumei quit her job to take care of Xu Jiayin and her elderly parents, and gave birth to two sons and a daughter. In the years at the peak of Xu Jiayin's career, Ding Yumei always kept a low profile and hid behind the scenes, and it was not until 2018 that she made her first public appearance. Xu Jiayin has also said many times that without Ding Yumei, there would be no HTC empire today.
Married for more than 30 years, Ding Yumei has been the most important member of the Xu family. But the good times didn't last long, and as the Evergrande empire began to crumble, cracks appeared in this marriage. In 2021, there were rumors that the two had divorced, but neither was publicly confirmed. In August 2022, Xu Jiayin and Ding Yumei's divorce was confirmed, and Ding Yumei left Canada to become a real one"Chinese Canadians"。
Soon after the divorce, Evergrande's crisis was made public to the public. Xu Jiayin was detained for investigation, and his son Xu Tenghe was also investigated. Ding Yumei, who was far away in Canada at the time, suddenly filed a lawsuit and demanded a huge debt from Xu Tonghe, which caused a lot of controversy in the outside world.
Who is Ding Yumei? What happened between her and her son?
After all, the cause of action is a huge loan.
In June 2020, Evergrande Automobile, which was in the process of financing, became the new favorite of Xu Jiayin's attention. At this time, Ding Yumei signed a loan agreement with her second son Xu Tenghe, and Ding Yumei lent Xu Tenghe more than one billion Hong Kong dollars.
Unexpectedly, a few years later, the situation reversed, the Evergrande empire collapsed, and Xu Tenghe was also in prison. Under such circumstances, Ding Yumei issued an injunction to Xu Tenghe, requiring him to repay the loan and interest, totaling more than one billion Hong Kong dollars, which is really incredible.
In this case, there are two possible conjectures.
First of all, it may just be a technical debt collection. After Evergrande's financial crisis, Xu Jiayin, in order to avoid being implicated, let Ding Yumei stay away from China, and the two divorced and divided their property. Now, Ms. Ding has said she will take legal action, perhaps to recover assets in Mr. Xu's name, to prevent other creditors from taking the first step.
Secondly, there may be a conflict between the two mothers and children. According to rumors, Xu Tenghe may not have been born to Ding Yumei, so there is a gap in the distribution of benefits. Xu Tenghe was not interested in his mother's borrowing, which caused Ding Yumei's dissatisfaction.
What the truth is, we don't know. But this lawsuit reflects that in the face of interests, Xu Jiayin's family cannot escape the eyes of the world. This seems absurd"Mother sues son"The big drama, hidden behind scandals and family calculations, adds a layer of legend to the Evergrande empire.
Anyway, this one"Family civil war"I'm afraid it's just the beginning. The fate of Xu Jiayin and others is still unresolved, and more things are yet to come. Let's wait and see this legend in the history of Chinese business.