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Core Viewpoint - The recent call from Evergrande Wealth's official Weibo account for Xu Jiayin to repay debts has drawn significant attention, highlighting ongoing financial distress within the company and its wealth management division [2][3]. Group 1: Company Financial Distress - Evergrande Wealth's official Weibo account posted a message demanding Xu Jiayin to repay debts, indicating a lack of communication and transparency from the company [2]. - The last post from the Weibo account was in March 2018, raising questions about its current operational status [2]. - In September 2021, Evergrande faced a liquidity crisis, leading to overdue wealth management products and unfulfilled repayment promises made by Xu Jiayin [2][3]. Group 2: Legal and Regulatory Actions - On September 16, 2023, the Shenzhen police announced criminal measures against individuals associated with Evergrande Wealth, including its general manager, Du Liang, who was involved in early redemptions of investment products [3]. - Xu Jiayin has faced legal repercussions, including a lifetime ban from the securities market and a fine of 47 million yuan due to fraudulent bond issuance and information disclosure violations [4]. - Evergrande's liquidation process has been complicated by court rulings that restrict economic stakeholders from participating in decision-making, further complicating the company's financial recovery [3][4]. Group 3: Ongoing Developments - As of November 2024, the Guangzhou court imposed restrictions on Evergrande and Xu Jiayin's high-consumption activities due to non-compliance with payment obligations [5]. - The ongoing legal battles and financial struggles of Evergrande continue to evolve, with significant implications for investors and stakeholders [4][5].