This enterprise is facing financial problems because of a bond that has already arrived. At that time, they were asked to pay interest of 66 million yuan, but because of the tight liquidity of enterprises, they could not afford it at all.
In addition, after further in-depth investigation by the public security organs, it was found that there were huge interest groups behind it, colluding with Li and others to illegally occupy the company's property. With the strict deployment of public security organs, Zhou, an external intermediary involved in the case, was arrested in March 20021year. The case is still under investigation, and other people involved are still under investigation. _ Enterprise Search APP shows that Xu Dong Group Co., Ltd. was established in June 2004 with a registered capital of 36.8 billion yuan and its legal representative is Li Zhaoting. Its business scope includes: investing in projects with its own funds; Research and development of mechanical equipment and electronic products. According to the enterprise survey, the major shareholder of the company is Xu Dong Optoelectronic Investment Co., Ltd., and the actual controller is suspected to be Li Zhaoting, and the final benefit share is about 49.09%.