Core Viewpoint - The courts are increasingly utilizing high-reward bounty announcements to assist in locating hidden assets of companies facing execution difficulties, particularly in the real estate sector, reflecting the financial struggles of certain firms amid a challenging industry cycle [1][6][8] Group 1: Court Actions and Announcements - The Qingdao Intermediate People's Court issued a bounty notice with a maximum reward of 25.35 million yuan targeting Jiangsu Nantong Sanjian Co., Ltd. and its executives for hidden asset clues [2][3] - Previous bounty announcements have been made by various courts, including a 650,000 yuan reward from the Shenzhen Futian District Court for Nantong Sanjian due to unfulfilled obligations [3][5] - Courts in multiple regions have issued similar bounty announcements, with reward amounts ranging from 74,000 yuan to 9.261 million yuan, indicating a trend in leveraging social power to address execution challenges [1][6][7] Group 2: Financial Status of Jiangsu Nantong Sanjian - Jiangsu Nantong Sanjian, once a major player in the construction industry with annual revenues exceeding 100 billion yuan, is now facing significant financial distress, including overdue debts totaling 6.025 billion yuan as of December 2022 [4][6] - The company reported a 59.31% year-on-year decline in revenue for the first half of 2023, with a net profit of -17 million yuan and a negative net asset value of -261 million yuan [4][6] - Industry insiders attribute Nantong Sanjian's financial troubles to the fallout from Evergrande's debt crisis, which has severely impacted many construction firms [3][8] Group 3: Industry Context and Trends - The frequent issuance of bounty announcements is linked to the broader financial challenges within the real estate sector, characterized by high debt levels and cash flow risks [8] - The complexity of debt chains involving multiple stakeholders has made it difficult for courts to locate executable assets, necessitating the use of bounty mechanisms [8] - The legal basis for these bounty announcements stems from regulations allowing courts to seek assistance in locating assets when debtors fail to comply with court orders [7][8]
赏金最高达2000余万元!多地法院高价悬赏“地产老赖”财产线索
Di Yi Cai Jing·2025-10-30 08:55