[The Epoch Times, 6 gennaio 2023](Reported by Epoch Times reporter Fang Xiao) At the beginning of 2023, theEvergrandeJust keep the news. The latest news is from Evergrande Groupsenior executivesKe Peng was arrested, allegedly involved in Evergrande’s 600 billion RMB (RMB, same below) old Shenzhen reform.
January 1st,EvergrandeXu Jiayin, chairman of the board of directors, internally issued an open letter as usual and encouraged the employees, “We will definitely complete the task of ensuring the delivery of the building, repaying various debts, resolving risks, and opening a new chapter of the nirvana and rebirth.”
On Jan. 3, Evergrande Group Co., Ltd. and Evergrande Modern Agriculture (Wuhan) Co., Ltd. added information on persons subject to execution due to “financial loan agreement disputes.” The execution target was over 758 million yuan. the enforcement court was the Wuhan Intermediate Court. The person is the Wuhan Hannan Branch of the Agricultural Development Bank of China. So far, Evergrande Group Co., Ltd. has information about multiple people subject to execution, and the total execution amount exceeds 29.7 billion yuan.
In the middle of the night on January 5, Fengcaishe reported that Ke Peng, the former executive chairman of Evergrande Group, was taken away by the police for investigation, involving the old Evergrande reform (urban reform) in Shenzhen.
In this regard, some people close to Evergrande told Observer.com that the matter should be true. Similar news came out more than a month ago, and Ke Peng has not appeared at various company occasions recently.
This is the second time it has been reported that Ke Pengbe investigatednews. An insider said that when Ke Peng quit his job in the middle of last year, he was taken away for investigation. Ke Peng once pleaded with Xu Jiayin, but was later released.
Ke Peng, male, born in Anhui in 1979, is a representative of the Shenzhen Municipal People’s Congress. He graduated from Fudan University with a major in international economic law, a law degree from Fudan University, and a master’s degree in engineering management from Tsinghua University.
As a general confidant of Xu Jiayin, Ke Peng is a rare real estate company with “banking + media background” in the real estate circlesenior executives. From 2001 to 2008, he successively worked at Bank of China, “Shanghai Youth Daily”, “Shanghai Securities News” and other units.
Ke Peng joined Evergrande Group in 2008 and successively served as assistant president, vice president, vice president and president of Evergrande Culture Group, president of Evergrande Football Club, president of Evergrande Volleyball Club and president of Jilin Branch of Evergrande Group, president of Heilongjiang Company of Evergrande Group.
In September 2016, after the headquarters of Evergrande Group moved to Shenzhen, Ke Peng was transferred as the president of Evergrande Group Shenzhen Company. In September 2018, he was concurrently the president of Pearl River Delta Company of Evergrande Group. be promoted to executive chairman of Evergrande Group Co., Ltd.
In March 2021, Ke Peng and five other senior executives stepped down as executive chairman of Evergrande Group due to the incident involving the forced execution of 13.4 billion deposits of Evergrande Property.
An article on the WeChat public account “Shanghai Trust Circle” stated that while it is true that Ke Peng’s incident was due to his involvement in the old reform of Evergrande Shenzhen, it is likely that the problem occurred during his tenure as Shenzhen chairman of Evergrande Group company.
According to media reports, Evergrande had 15 intentional development projects in Shenzhen in September 2015, with a total planned construction area of 7.7 million square meters, salable area of 4.61 million square meters, and a estimated value of 250 billion yuan.
But at the end of 2016, when Ke Peng made his debut as executive chairman of the Shenzhen company for the first time, Evergrande suddenly launched a 600 billion plan in Shenzhen. At that time, Ke Peng disclosed that Evergrande had 32 real estate development projects in Shenzhen, 6 of which were located in Nanshan, with a total value of about 600 billion yuan after the development of all projects in Shenzhen.
Especially for old renovations, after Evergrande moved its headquarters to Shenzhen, it only reserved large-scale old renovation projects from 2016 to 2019. By mid-2020, Shenzhen will account for 55 of the 104 old renovation projects planned by Evergrande and there will be 12 old renovation projects in the Greater Bay Area outside Shenzhen.
In just one year, the value of Evergrande’s assets in Shenzhen, where every inch of land is expensive, has risen from 250 billion to 600 billion, and the speed of expansion is as fast as rockets. All this is considered by Ke Peng’s handwriting.
The most surprising of these is the news that Evergrande’s Shenzhen Nanshan biscuit factory renovation project will be sold to China Merchants Shekou on October 24, 2022. The biscuit factory is part of Shenzhen’s Wanxia urban renewal project, and its value unique reached 7.5 billion yuan, which is a relatively high-quality asset. When this grand project was signed in 2016, it was Ke Peng, executive president of Evergrande Shenzhen, who signed the contract on behalf of Evergrande.
In October 2020, Ke Peng was promoted again, succeeding Zhen Litao, and became the chairman of Evergrande Real Estate Group.
On August 17, 2021, Ke Peng stepped down as general manager and legal representative of Evergrande Real Estate Group.
Since then, Evergrande Group’s debt crisis has begun to break out, and Evergrande’s executives, including Ke Peng, can no longer be alone.
In March 2022, Evergrande Property was the subject of a scandal over the “disappearance” of 13.4 billion deposits. Subsequently, the results of the incident investigation emerged and Evergrande Property’s missing deposits were finally confirmed as loans pledged and returned to China Evergrande through a third party.
On the evening of July 22 of the same year, China Evergrande and Evergrande Property announced the results of the preliminary investigation, stating that Ke Peng, executive chairman of the subsidiary Evergrande Group Co., Ltd., had been asked to step down from the relevant post.
According to Tianyancha’s data, Ke Peng’s current position in Evergrande is only the president of a company in Zhuhai, and all other positions have resigned.
And there were as many as 73 Evergrande companies with Ke Peng as an executive. Tianyancha’s information shows that there are as many as 13,788 peripheral risks related to Ke Peng, most of which are related to Evergrande’s debt default.
Responsible Editor: Lin Congwen#
