昔日千亿房企巨头暴雷，大佬黄其森被抓！身家一度超过200亿元，无视“房住不炒”的警告，曾疯狂加杠杆

Core Viewpoint - The former real estate giant, Taihe Group, is facing significant legal and financial troubles, with its chairman Huang Qisong detained for suspected illegal activities, leading to asset freezes and operational impacts [1][5]. Group 1: Legal Issues - Taihe Group has been penalized by the China Securities Regulatory Commission (CSRC) for failing to disclose major lawsuits, resulting in a warning and a fine of 6 million yuan [1][7]. - The company faced 13 lawsuits from July 2020 to May 2021, with a total amount of approximately 967.37 million yuan, representing 48.21% of its audited net assets for 2020 [6]. - From December 2021 to December 2022, Taihe Group encountered 10 additional lawsuits, totaling around 619.06 million yuan, which accounted for 41.84% of its audited net assets for 2021 [6]. Group 2: Financial Condition - As of the end of 2018, Taihe Group had current liabilities of 128.9 billion yuan, a 48% increase year-on-year, while cash on hand was only 14.9 billion yuan [4]. - The company's net debt ratio was 248.31% at the end of 2019, with interest-bearing liabilities recorded at 97 billion yuan [4]. - By April 28, 2023, Taihe Group had outstanding loans of 58.203 billion yuan that were overdue, with guarantees for overdue debts amounting to 5.416 billion yuan [4]. Group 3: Company Background - Huang Qisong, born in 1965, founded Taihe Group in 1996 after leaving the finance sector, quickly establishing it as a leading real estate company in Fujian [3]. - The company expanded its reach beyond Fujian, creating luxury properties like "China Courtyard" in Beijing and becoming a prominent figure in the real estate market [3]. - By 2015, Taihe Group's soaring stock prices made Huang Qisong the richest person in Fujian, with a net worth exceeding 20 billion yuan [3].