Core Viewpoint - Zhang Xiaoqin Group, the controlling shareholder of the century-old brand Zhang Xiaoqin, has entered a restructuring process due to significant debt issues, with a court ruling on June 20 to accept its reorganization application [1]. Group 1: Debt Situation - Zhang Xiaoqin Group has been executed for over 3.13 billion yuan, highlighting its severe debt crisis [2][3]. - As of March 28, the group and its affiliates were listed as defendants in a court case with an execution amount exceeding 31.3 billion yuan, indicating a substantial financial burden [4]. - By April 1, the total amount of executed claims against Zhang Xiaoqin Group had surpassed 3.9 billion yuan, with the company and its legal representative facing restrictions on high consumption [5].
张小泉集团进入重整程序！曾被执行超31亿元