Shirongzhaoye(SZ:002016) Nan Fang Du Shi Bao·2025-09-05 04:42Core Viewpoint - The lawsuit involving Zhuhai-based real estate company Shiyong Zhaoye against 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, totaling about 21.9 billion yuan [1][2][20]. 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 U.S. court's ruling includes a principal amount of 258,536,130 USD (approximately 1.85 billion yuan) and interest calculated at 70,831.81 USD per day, amounting to about 3.4 billion yuan over 674 days [2][20]. - The court's decision is a preliminary ruling, and the final outcome remains uncertain as the involved parties may appeal [7]. Group 2: Company Background - Shiyong Zhaoye was once part of the "Zhuhai Real Estate Three Musketeers" alongside Huafa Group and Gree Real Estate, with Liang Jiarong and his father Liang Shezheng being prominent figures in the company [1][9]. - The company reported a revenue of 598 million yuan in the first half of 2025, a year-on-year increase of 9.8%, but its net profit attributable to shareholders fell by 44.4% to 15.29 million yuan [7][8]. - As of the end of the second quarter, Shiyong Zhaoye's total assets were 7.312 billion yuan, a 0.5% increase from the previous year [7]. Group 3: Ownership Changes - On September 4, 2023, it was announced that the Zhuhai State-owned Assets Supervision and Administration Commission transferred 90.21% of Zhuhai Dahongqin Group Co., Ltd. to Zhuhai Zhuguang Group, effectively changing the major shareholder of Shiyong Zhaoye from Liang Jiarong to a state-owned enterprise [8][20]. - The ownership transition reflects a significant shift in the company's governance structure following the legal troubles of its founder [8][20]. Group 4: Historical Context - Liang Jiarong's rise to prominence began in the 1990s, leading to the establishment of Shiyong Zhaoye, which became publicly listed in 2008 [9][12]. - His family's wealth and business practices have come under scrutiny, particularly following allegations of money laundering and organized crime, leading to their eventual relocation to the United States [12][13].