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Country Garden Properties, etc

In the coverage on January 18, 2023, we learned that companies such as Country Garden Real Estate Group Co., Ltd. and Shandong Biyi Real Estate Development Co., Ltd. were listed as the subject of enforcement in the court's enforcement case, and the execution target was as high as 886 million yuan.

Country Garden Properties, etc. were enforced 88.60 billion

The news has attracted attention from all walks of life, because the operating conditions of these companies have been highly concerned by the outside world. Country Garden, as one of the well-known real estate companies in China, has no doubt about its brand strength and market position. However, in recent years, with the intensification of market competition, its performance has also fluctuated.

For these companies, enforcing the court's coercive measures is undoubtedly a serious challenge, requiring not only financial losses but also legal risks. However, they still choose to avoid responsibility, which is not advisable.

In fact, enterprises should pay attention to their own risk management capabilities to avoid operational difficulties caused by broken capital chains. At the same time, enterprises should actively seek legal compliance solutions to solve problems at minimal cost.

In addition, government regulators also need to strengthen the supervision of enterprises, establish and improve the enterprise credit evaluation system, and guide the healthy development of enterprises to avoid the occurrence of bad behavior.

Overall, this incident reminds us that while pursuing economic benefits, we should also pay attention to risk control and maintain good market order.

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