Xu Jiayin's "ex-wife", took 50 billion and ran away in advance...

Seeing him rise high, watching him banquet guests, seeing his building collapse.

Xu Jiayin and Xu Tenghe father and son were both arrested, and Evergrande's affairs were really not simple!

Up to now, Evergrande Group CEO Xia Haijun, CFO Pan Darong, Evergrande Wealth General Manager Du Liang, and Evergrande Life Chairman Zhu Jialin have all been arrested, and nearly 10 Evergrande executives have been arrested.

However, according to relevant media confirmation, Xu Jiayin's wife, Ding Yumei, ran away and left Hong Kong by plane at the end of July this year, and is currently missing.

Before Ding Yumei ran away, she left her ex-husband and son behind. She and Xu Jiayin have gone through divorce procedures last year.

The reporter inquired about the information of the Hong Kong Companies Registry and found that Ding Yumei held a Canadian passport. On the evening of September 29, the reporter consulted the service hotline of the National Immigration Bureau as a citizen and learned that if you hold a Canadian passport, you must have naturalized first, but whether you have cancelled your Chinese nationality or household registration, you need to check with the specific relevant departments.

Image source: Hong Kong Companies Registry

The two of them also have an eldest son, named Xu Zhijian, who is a senior student who graduated from Tsinghua University. Unlike his younger brother Xu Tenghe, Xu Zhijian has relatively little involvement in Evergrande's real estate business, mainly engaged in upstream and downstream construction and garden management, and is very low-key. Perhaps prejudging today's situation, Xu Zhijian has long held Canadian permanent residency.

The second son, Xu Tenghe, Harvard Turtle, vice president of Evergrande Real Estate Group, once led the work of Evergrande Wealth.

The daily life requirements of this second son Xu are very high, it can be described as extremely luxurious, it can be called the smell of Zhumen wine, and the road has frozen bones!

Public information shows that before 2021, the Xu Jiayin family held 76.69% of the equity of Evergrande. And Ding Yumei ranked 26th in the Hurun female entrepreneur list with a value of 17 billion yuan in 2019.

According to media statistics, since the listing of Evergrande Group in 2009, the cumulative dividend has been 73.386 billion yuan, and the Xu Jiayin family holds more than 2/3 of the shares, with a cumulative dividend of more than 50 billion yuan.

In other words, most of the money earned by Evergrande still fell into the pockets of the Xu Jiayin family.

The technical divorce that Xu Jiayin and Ding Yumei secretly engaged in last year was a clear card of "dividing family property and stripping off debt risks".

Some statistics pointed out that Ding Yumei cashed out about 30 billion assets with this trick.

It is also reported that before Xu Jiayin declared Evergrande's bankruptcy, he set up a single-family trust fund worth up to 2.3 billion yuan for his son, known as Xu Jiayin's "rich second-generation protection plan" for his son.

That is to say, before the Xu family printed the incident, conservatively estimated that the money his family "took" from Evergrande was also about 100 billion, and his own people had no worries about food and clothing for the rest of their lives, but they dumped the huge hole to Evergrande's creditors, suppliers, and buyers.

But originally, Xu Jiayin had a chance to atone for his sins.

He divided so much money, the media knows about it, can the above not know?

Let him stay in Evergrande, isn't it to let him be decent, take out the money he eats, and can't harm the people. Evergrande's pit, he Xu Jiayin himself to fill in. As long as he is responsible to the end, exhausts everything to build the unfinished building, and gives a stable home to those owners who once believed in Xu Jiayin and Evergrande, he has a chance to land smoothly.

However, the Xu Jiayin family still chose a way that was neither decent nor responsible to transfer assets, preferring to carry the world.

But he is not decent, there is always someone who makes him decent.

Looking back on Xu Jiayin's life, he can also be regarded as a reckless hero, and he has had heights that others can never reach. During the celebration of the 70th anniversary of the National Day, Lei Jun could only participate in the parade of floats, Li Yanhong could only sit on the viewing platform, and Xu Jiayin climbed the city tower. At that time, he was undoubtedly infinitely beautiful.

From the time he went to the castle tower to the time he was taken compulsory measures, less than 4 years have passed. The ups and downs of this life seem to have passed through the clouds of smoke, and the former glory was suddenly blown away by the rain and wind. When personal desires are difficult to fill, it is not far from the building toppling.

With so much money, where did Evergrande's money go?

I briefly brushed it off, and it was about these places:

In addition to investing in the buildings under construction that have not yet been sold (including the unsold properties) and in the stored land, there is also a large part of the rotten in these two places:

1. Rotten in Evergrande's side business.

2. Rotten in marketing investment.

The first two, you can still recover some money, the back two, that is really Jingwei reclamation, Lao Tzu filling the river - all lost.

After all, what is the most expensive and most costly thing in this world?

That is investment, especially the kind of investment that can't be understood, just throwing money at a hot head, beautiful name diversification, in fact, has no logical relationship with the main business, is to go deep into the search for death.

In this regard, Evergrande Ice Spring and Evergrande Automobile are, throwing money like flowing water, but losing money and making money, and finally the tail is not big, dragging the main business to death.

The trouble is that those pie-style diversified investments do not come from Evergrande's own funds, but from debt, with high leverage.

Boss Xu made such a wild advance and expanded sharply, and the end after cooking oil for a while, in fact, was already doomed at that time.

In fact, how the boss of a company is, what will happen to the company, and whether an enterprise can live for a long time can actually be seen from whether its boss is reliable.

It seems that this is a rule: if a boss is inflated to get carried away, thinking that "buy, buy, buy", "combined", "circled", "big", "good, good" can get everything done!

Such an Evergrande, is there any reason to be undefeated?

It's just that when Evergrande is going well, all creditors have money to earn, putting these crises behind them, and Evergrande started to run faster than anyone when something happened, until they found that everyone was on the same giant ship that could sink at any time.

Those creditors who sat and watched Evergrande's money enclosure frantically expand their business were tied to death by Xu Jiayin's belt step by step, and finally became a rope strangled around Xu Jiayin's neck.

Xu Jiayin's wife ran away in advance, but sooner or later everything that eats in will have to spit out, the country will never let go of a fish that slipped through the net, and it can hide from the first day of junior high school, but it can't hide from fifteen!