6年败光千亿家底，潮汕大佬被围堵追债……

Group 1 - The core viewpoint of the article is that after ten years of the Baoneng and Vanke dispute, the key figures involved, particularly Yao Zhenhua, are facing significant financial difficulties [3][4][12] - Baoneng's subsidiary, Shenye Logistics, is required to repay a loan of 7.38 billion within ten days, with Yao Zhenhua and Baoneng bearing joint responsibility [4][9] - The loan has been overdue for four years, with only 400 million repaid out of the original 7.8 billion, leading to a substantial amount of non-performing loans [6][9] Group 2 - Yao Zhenhua, once a powerful figure in the market, is now under significant financial strain, with over 200 billion in liabilities and numerous restrictions on his spending [9][10][21] - The article highlights Yao's past aggressive investment strategies, including acquiring a 25.4% stake in Vanke, which cost him 43 billion, and his reliance on high leverage to finance these investments [14][15][16] - Following the failed acquisition of Vanke, Yao attempted to pivot to real estate and automotive industries, planning to invest 120 billion in real estate and 200 billion in automotive ventures, but these efforts have largely failed [22][25][29] Group 3 - Baoneng's automotive ambitions have not materialized as expected, with significant losses in vehicle sales and a reliance on land acquisition for financing [27][28] - The company's financial health is deteriorating, with claims of having 800 billion in assets that are not easily convertible to cover debts, leading to increasing pressure from creditors [29][30]