HSSM(SZ:002290) Mei Ri Jing Ji Xin Wen·2025-12-26 13:29Group 1 - A luxury villa in Shenzhen, originally valued at over 200 million yuan, has seen a price drop of over 66% and failed to attract any bids during its auction, marking its eighth attempt to sell [1][2][3] - The property, associated with the "Zhongke Chuang" case, has outstanding management fees exceeding 2.15 million yuan and electricity bills of approximately 103,000 yuan, which the buyer will be responsible for [2][3] - The villa has a total area of approximately 3,935.02 square meters, including additional constructed areas that could not be appraised due to missing documentation [2][3] Group 2 - The auction process for the villa began in August 2023 with an initial starting price of over 201 million yuan, making it the most expensive judicial auction property in Shenzhen at that time [3] - The property has been significantly devalued over multiple auctions, with the latest starting price being over 130 million yuan lower than its assessed value [3] - Other assets related to the "Zhongke Chuang" case include luxury watches and a yacht, with the yacht's starting price reduced from 2.64 million yuan to 787,500 yuan for its upcoming auction [4][7] Group 3 - Zhang Wei, the former actual controller of He Sheng New Materials, was sentenced to life imprisonment for leading a criminal organization and other charges, which has impacted the company's control and operations [9][10] - He Sheng New Materials has experienced significant stock price fluctuations, with a nearly 150% increase in value since the beginning of the year, following changes in its controlling shareholder [14] - The company specializes in the research, production, and sales of exterior composite materials for home appliances, maintaining partnerships with major brands like Samsung and LG [14]