Less than two months after the breakup , Shengjing Bank and Evergrande went to court for nearly 32.

In this case, it is mainly because of the dispute between the two parties that the phenomenon of going to court will occur.

We all know Shengjing Bank.

And Evergrande has been in a state of cooperation before that. However, two months ago, Evergrande Group.

Withdrew from Shengjing Bank. At the same time, Evergrande Group will hold the last stake in Shengjing Bank in the online auction. So after this happened, we all know that the partnership between Evergrande Group and Shengjing Bank has been lost. <>

Shengjing Bank and Evergrande faced off in court.

First of all, the reason for saying this is mainly because Evergrande Group received an enforcement notice from the court on November 1. However, the main reason for this situation is that Shengjing Bank filed a lawsuit in court. It also said that it provided 100 million yuan to Evergrande Group between 2020 and 2020.

However, after that, Shengjing Group did not recover the relevant funds. Therefore, they filed a lawsuit in court and wanted to protect their rights and interests in this way. <>

32.6 billion is very important for Shengjing Bank.

The second is the debt of 32.6 billion yuan, which is not very high for Evergrande's overall debt. However, 32.6 billion yuan is likely to lead to a capital crisis for Shengjing Bank. Because Shengjing Bank needs this money to run the bank.

Therefore, the decision to file a lawsuit with the court will only be made after the relevant funds cannot be received. <>

The court will give a fair verdict.

Finally, in the process of hearing this case, the court will definitely rely on relevant evidence to refer to the authenticity of the debt between the parties. And it will also be judged according to the actual situation. Therefore, I think it is a wise decision for Shengjing Bank to file a lawsuit with the court, and I especially hope that Evergrande can return the 32.6 billion arrears as soon as possible.

The reason for the lawsuit was that the 32.5 billion yuan lent by Shengjing Bank to Evergrande's subsidiaries could not be repaid when due. It makes sense that Evergrande is a commercial bank. I guess everyone can guess the real reason behind this.

As a commercial bank, Shengjing Bank can naturally absorb depositors' deposits. Evergrande Group, which is mainly engaged in real estate, wants to buy land and develop real estate projects, but what it lacks most is capital. As a result, it is logical that Shengjing Bank gave Evergrande a blood transfusion through its subsidiary.

As the largest private enterprise in Xinjiang, Guanghui Group is regarded as a relatively high-quality asset of Evergrande Group. Evergrande pledged Guanghui Group to Shengjing Bank, and from the perspective of the amount of borrowed funds, this figure is enough to exceed half of the total market value of Shengjing Bank itself. How Evergrande spent so much money is unknown to the outside world.

Evergrande has completely withdrawn from Shengjing Bank, and the two sides have no connection in terms of equity, but the huge debt remains. Evergrande and Shengjing Bank still share the same weal and woe.

Shengjing Bank used to be an important financial territory of Evergrande Group. In order to become a major shareholder of the bank, Evergrande has spent more than 20 billion yuan to subscribe for the bank's shares through different channels. Since last year, as the debt problem continues to ferment, Evergrande has begun to gradually ** the equity of Shengjing Bank to alleviate the financial problem.

Evergrande Group (Nanchang) **** held the largest city commercial bank in Northeast China, Shengjing Bank 100 million shares auction results released a few days ago. Seven companies, including 3 local state-owned enterprises and 4 private enterprises in Shenyang, invested a total of 100 million yuan to purchase shares.

It is important to know that the pledged equity under the pledge has been executed, and the plaintiff can auction and sell the pledged equity, and the plaintiff has the priority to be compensated within the guarantee amount of 100 million yuan. And the subsidiary will bear the litigation costs and preservation fees (about 100 million yuan). At that time, the last 100 million shares (domestic shares) of Shengjing Bank held by Evergrande Group (accounting for about its total share capital) were auctioned on Ali Auction Network.

Evergrande announced that it was sued by Shengjing Bank for 32.6 billion yuan, and its pledged equity of Guanghui Group has been executed. Evergrande had held shares in Shengjing Bank for six years until September this year.

Perhaps for Evergrande's overall debt, 32.6 billion yuan in arrears is nothing, but it is fatal for Shengjing Bank.

According to public information, Shengjing Bank is headquartered in Shenyang City, Liaoning Province, formerly known as Shenyang Commercial Bank, and was renamed Shengjing Bank with the approval of the China Banking Regulatory Commission in February 2007. On December 29, 2014, it was successfully listed on the main board of the Hong Kong Stock Exchange.

Because Shengjing Bank failed to recover the funds on time, it filed a lawsuit with the law, and only then did it go to court with Evergrande.

There will inevitably be an impact.

The reason is actually very simple, Evergrande Group, as the largest shareholder of Shengjing Bank, if Evergrande Group fails, Evergrande Group will definitely affect the development of Shengjing Bank. Even before the collapse of Evergrande Group, large groups need to be forced to sell Shengjing Group's **, which will seriously affect the survival of Life Group. Even before the Evergrande Group collapsed, the Shengjing Group would encounter a financial turmoil.

If Evergrande fails, will it have an impact on Shengjing Bank?

There will inevitably be an impact. The reason is actually very simple, Evergrande Group, as the largest shareholder of Shengjing Bank, if Evergrande Group fails, Evergrande Group will definitely affect the development of Shengjing Bank. Even before the collapse of Evergrande Group, large groups need to be forced to sell Shengjing Group's **, which will seriously affect the survival of Life Group.

Even before the Evergrande Group collapsed, the Shengjing Group would encounter a financial turmoil.

When the biggest boss of Shengjing Bank collapsed, it may have been violently affected before it collapsed. Some people said that they would withdraw the deposits of commercial banks in order to avoid a payment crisis in Shengjing Bank. Although this statement seems nonsensical, it reflects the perception of ordinary people about Shengjing Bank, and also reflects everyone's concern about the debt of Evergrande Group.

Evergrande Group is the largest shareholder of Shengjing Bank, and the chairman of Evergrande Group and the chairman of Shengjing Bank are the same person, namely Qiu Huofa. Shengjing Bank, also known as Shengjing Bank Co., Ltd., was established on September 10, 1997 and is headquartered in Shenhe District, Shenyang City.

Qiu Huofa has served as the executive vice president of China Evergrande Group and the chairman of Evergrande Financial Group since June 2016. Qiu Huofa was appointed as the vice chairman of Shengjing Bank Co., Ltd. on May 3, 2018 and the chairman of Shengjing Bank Co., Ltd. on May 9, 2019.

Shengjing Bank Co., Ltd. is mainly engaged in corporate and retail deposits, loans, advances, payment and settlement and capital business. Shengjing Bank Co., Ltd. operates through four business divisions: Banking Division, Retail Banking Division, Treasury Division, and Other Divisions.

Shengjing Bank Co., Ltd. was listed on the Hong Kong Stock Exchange on December 29, 2014, the listing sponsor is China Merchants ** (Hong Kong), formerly known as Shenyang Commercial Bank, and was renamed Shengjing Bank in February 2007 with the approval of the former China Banking Regulatory Commission. He was awarded the 2018 Top 500 Global Banking Brands, the 2018 Top 100 Chinese Banking Brands, the 2018 Outstanding Innovative Underwriter of China Development Bank, and the 2018 Outstanding Partner Award.

Extended Materials. Is Shengjing Bank the best bank? _

Headquartered in Shenyang, Liaoning Province, Shengjing Bank, formerly known as Shenyang Commercial Bank, was renamed Shengjing Bank in February 2007 with the approval of the China Banking Regulatory Commission. It is a strong headquarters bank in Northeast China, and was successfully listed on the main board of the Hong Kong Stock Exchange on December 29, 2014. _

However, on the evening of June 20, 2019, Shengjing Bank will issue domestic shares and H shares, totaling 3 billion shares, and is expected to raise 18 billion yuan. As one of the major shareholders of Shengjing Bank, Evergrande promised to subscribe for 2.2 billion domestic shares, and the lock-up period was not less than 5 years, and the subscription was 6 yuan shares, accounting for about the expansion of the issued share capital. Based on this calculation, Evergrande will spend 13.2 billion yuan to subscribe for 2.2 billion domestic shares of Shengjing Bank.

Now, Evergrande has suffered unprecedented problems due to its own debt, which has caused a huge negative impact on Shengjing Bank. Therefore, the introduction of the transferee of a state-owned enterprise as a major shareholder will help stabilize the operation of Shengjing Bank, and at the same time contribute to the appreciation and preservation of the equity of Shengjing Bank still held by the Company. Shengjing Bank, on the other hand, requires that all proceeds from the ** event be used to repay the relevant debts of Evergrande Group to Shengjing Bank.

In general, the wholly-owned subsidiary of Evergrande Group is the main shareholder of Shengjing Bank, and this time due to Evergrande's financial problems, it needs the equity of Shengjing Bank.

1. No, first of all, let's be clear, Shengjing Bank.

After the industry crisis caused by a bank in Baotou and the XX system behind it, Shengjing Bank's liquidity and risk control.

It's all very bad!

In that year, Zhang Yukun, the party secretary and chairman of Shengjing Bank, decided to introduce Evergrande, and one of the conditions put forward was to let Evergrande become Shengjing Bank's non-performing assets of 50 billion yuan.

Pick-up. But after Evergrande took over, Shengjing Bank did get worse.

3. The bank's return on assets by 2020.

is pitiful, with a non-performing loan ratio of more than 3%. Both of these indicators are in A-shares.

The worst of the domestic banks listed on the H-share market. Therefore, the rot of Shengjing Bank is objective, and there is no essential difference because of the existence of Evergrande.

4. And then today, Shenyang State-owned Assets Supervision and Administration Commission took over and became the de facto controlling shareholder of Shengjing Bank. This is an important signal. It shows that in the rapid cutting of the relationship between the bank and Evergrande, the idea is likely to be "to protect the bank but not to protect Evergrande".

Shengjing Bank can breathe a sigh of relief, and it will not really be dragged to death because of Evergrande.

Extended information: Evergrande's painstaking divestiture process.

1. In fact, after Evergrande and Shengjing Bank both fell into crisis, Liaoning Province attached great importance to it. Evergrande Group.

There have also been ongoing discussions with local ** on the issue of state-owned shares. Eliminate grandchildren.

On the 22nd, the Shenyang Municipal Party Committee, the State-owned Assets Supervision and Administration Commission, and the Financial Bureau took the relevant persons in charge of the chain to Shengjing Bank for investigation and support the municipal state-owned enterprises to gradually increase their holdings of Shengjing Bank under the guidance of the industry supervision department. He also expressed the vision of "returning to the roots and accelerating the construction of a good bank".

On January 17, Northeast Pharmaceutical and Shengjing Financial Holdings, which are subordinate to the State-owned Assets Supervision and Administration Commission of Shenyang City, respectively acquired the shares of Shengjing Bank and 6 yuan shares.

On the 29th, China Evergrande was listed on the Hong Kong Stock Exchange.

Issued an announcement to transfer the non-tradable domestic shares of 100 million shares of Shengze Xiaojing Bank held by Evergrande Nanchang (its wholly-owned subsidiary) (accounting for the issued shares of Shengjing Bank, with a ** of 100 million yuan) to Shengjing Financial Holding (the controlling shareholder is Shenyang State-owned Assets Supervision and Administration Commission). After the completion of this transaction, Shengjing Financial Holdings, which has accumulated shares, became the largest shareholder of the bank.

If Evergrande fails, will it have an impact on Shengjing Bank?

There will be an impact. The reason is actually very simple, Evergrande Group, as the largest shareholder of Shengjing Bank Distribution Bank, if Evergrande Group collapses, Evergrande Group will definitely affect the development of Shengjing Bank. Even before the collapse of Evergrande Group, Evergrande Group needs to be forced to sell Shengjing Group's **, or even hollow out Shengjing Group, which will seriously affect the survival of Life Group.

Even when Evergrande Group has not yet collapsed, Shengjing Group will encounter a financial turmoil.

Evergrande's relationship with Shengjing Bank: Evergrande saved Shengjing Bank for Guofen, using its huge cash flow to help Shengjing increase liquidity, while also financing itself through Shengjing.

Evergrande Real Estate Group **** (hereinafter referred to as Evergrande Real Estate) was established in 1997 in Guangzhou, Guangdong Province, China, and is a subsidiary holding company of China Evergrande Group and the main body of the group's real estate business.

Evergrande Group is a Fortune 500 enterprise group integrating real estate, finance, health, tourism and sports, with total assets of one trillion yuan, annual sales of more than 400 billion yuan, more than 80,000 employees, more than 1.3 million jobs, and more than 500 real estate projects in more than 180 cities across the country, becoming the world's first real estate company.

Development history: From the foundation laying of the first project to the expansion of more than 50 cities across the country, Evergrande Real Estate Group adheres to the policy of "quality builds brand, integrity establishes great causes", implements target plan and performance appraisal management mode, rolling development, efficient operation, and forms a strong system competitiveness of the enterprise with the development strategy of "scale + brand", so that Evergrande has maintained high-speed and steady development, and its comprehensive strength has continued to rise, becoming a boutique leader of real estate enterprises in China.

Because Evergrande Group transferred its non-tradable domestic shares of Shengjing Bank to local state-owned enterprises for a price of 100 million yuan. Shengjing Financial Holdings will become the largest shareholder of Shengjing Bank. Undoubtedly, with the holding of state-owned assets, Shengjing Bank's risk control ability and operating conditions will be improved.

However, Shengjing Bank still faces challenges in the coming period, such as declining profitability, high non-performing ratio, and provision coverage ratio to be improved.

Question: Can I still deposit money and buy wealth management in Shengjing?