Shirongzhaoye(SZ:002016) Nan Fang Du Shi Bao·2025-09-05 02:33Core Viewpoint - The lawsuit between Guangdong's Shiyong Zhaoye and its former founder Liang Jiarong has reached a significant milestone, with a U.S. court ruling that Liang must pay approximately 2.59 billion yuan (around 18.5 million USD) in compensation, plus interest for 674 days, totaling about 21.9 billion yuan [1][2][6]. Group 1: Lawsuit Details - Shiyong Zhaoye initiated a lawsuit against Liang Jiarong in September 2021, initially seeking 650 million yuan, which escalated to 2.8 billion yuan by 2022 [2][17]. - The recent court ruling requires Liang to pay 258,536,130 USD (approximately 18.5 billion yuan) plus daily interest of 70,831.81 USD, amounting to about 3.4 billion yuan in interest over 674 days [2][6]. - The lawsuit claims that Liang illegally occupied company assets and received bribes totaling over 4.5 billion yuan [17][20]. Group 2: Company Financials - In the first half of 2025, Shiyong Zhaoye reported revenue of 598 million yuan, a year-on-year increase of 9.8%, but a net profit decline of 44.4% to 15.29 million yuan [6][7]. - The company’s total assets reached 7.312 billion yuan, a 0.5% increase from the previous year, while net assets grew by 0.3% to 4.799 billion yuan [7]. Group 3: Ownership Changes - The ownership of Shiyong Zhaoye has shifted from Liang Jiarong to state-owned enterprises, with the Zhuhai State-owned Assets Supervision and Administration Commission transferring its 90.21% stake to Zhuhai Zhu Guang Group [7][8]. - Liang Jiarong's family has reportedly moved to the United States, complicating the enforcement of the court's ruling [11][13]. Group 4: Background of Liang Jiarong - Liang Jiarong was once a prominent figure in the real estate industry, with his family topping the Hurun Rich List from 2009 to 2021 [1][8]. - His reputation has been marred by allegations of money laundering and organized crime, leading to his family's assets being frozen and their eventual relocation to the U.S. [11][12].