According to the China Enforcement Information Public Network, on December 30, 2024, due to failure to fulfill the payment obligations specified in the effective legal documents within the period set by the execution notice, EVERGRANDE Group and Xu Jiayin have been restricted from high Consumer spending, with the executing court being the Guangdong Province Guangzhou Intermediate People's Court. Case process information shows that in March 2023, EVERGRANDE Group and Guangzhou Kailong Real Estate Co., Ltd. were subject to compulsory enforcement of over 6.054 billion yuan due to this case.
许家印及中国恒大再被限制高消费
Xu Jiayin and EVERGRANDE have been restricted from high Consumer spending.
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