Group 1 - YG Industrial has invested in New Changcheng Real Estate Co., Ltd. with a 10% stake, but the company is facing severe operational difficulties and has been in a state of continuous losses and insolvency since 2019 [1][2] - New Changcheng has not held a shareholders' meeting for six years, and there have been frequent changes in management, leading to a lack of effective communication and decision-making among shareholders [1][4] - YG Industrial has filed a lawsuit for the dissolution and liquidation of New Changcheng due to the inability to reach a consensus among shareholders and the significant losses incurred [2][16] Group 2 - New Changcheng has reported cumulative losses of 300 million yuan, with a debt of 511 million yuan owed to Green City Group, raising concerns about its financial management and operational practices [5][12] - An audit report revealed that New Changcheng's financial practices included low-price sales of properties and inflated costs, contributing to its financial troubles [8][12] - The management of the New Changcheng hotel has also been chaotic, with significant losses and underutilization of facilities, further complicating the company's financial situation [9][10] Group 3 - Green City Group has responded to YG Industrial's claims by emphasizing its role as a major shareholder and accusing YG Industrial of failing to fulfill its financial obligations [6][11] - The ongoing legal dispute highlights the challenges faced by minority shareholders in protecting their rights against majority shareholders, particularly in the context of capital majority decision-making [18][19] - The internal turmoil within Green City Group, including changes in leadership and strategic direction, has exacerbated the issues faced by New Changcheng [19][20]