Core Viewpoint - The recent announcement by Taihe Group regarding the legal issues faced by its chairman Huang Qisen highlights the ongoing turmoil within the company, which has been struggling with financial difficulties and management controversies [3][4]. Group 1: Legal and Management Issues - On August 22, Taihe Group announced that its chairman and general manager Huang Qisen is under investigation by the Liaoning Provincial New Min City Supervisory Committee for suspected illegal activities [3]. - The company has previously faced similar issues, with high-level executives, including Huang Qisen, being investigated for various allegations, indicating a pattern of management instability [5][6]. - The China Securities Regulatory Commission has issued an administrative penalty against Taihe Group for failing to disclose significant lawsuits, resulting in fines totaling 6 million yuan for the company and additional fines for Huang Qisen and other executives [7]. Group 2: Financial Struggles and Market Position - Taihe Group, once a prominent player in the real estate market, has seen a drastic decline since 2018 due to aggressive high-leverage strategies, leading to a financial crisis and significant asset sales [10][11]. - The company has been unable to execute a substantial debt restructuring plan and has officially delisted from the stock market as of July 28, 2023, after its stock price fell below 1 yuan for twenty consecutive trading days [11][12]. - As of December 31, 2024, Taihe Group has outstanding loans amounting to 73.49 billion yuan, with efforts underway to revitalize assets and address debt issues [12].
千亿房企创始人涉嫌违法!昔日福建地产首富30年从业路蒙上阴影
第一财经·2025-08-22 15:55