Xiwang Group and others were enforced to pay 266 million yuan.
According to US Stock Research, Tianyancha legal litigation information shows that recently, Xiwang Group Co., Ltd. and its subsidiaries Xiwang Special Steel Co., Ltd. and Xiwang Metal Technology Co., Ltd. have been added as persons subject to enforcement, with an enforcement amount of over 266 million yuan, involving a loan contract dispute case. The enforcement court is the Intermediate People's Court of Xiamen City, Fujian Province.
Xiwang Group Co., Ltd. was established in April 2001, with Wang Yong as the legal representative and a registered capital of approximately 3.36 billion yuan. It is jointly held by Wang Yong, the Village Committee of Xiwang Village, Handian Town, Zouping City, Binzhou City, Shandong Province, and Binzhou Zhengze Xuyang Equity Investment Partnership (Limited Partnership), among others. Risk information shows that the company currently has 3 enforcement records, with a total enforcement amount exceeding 3.3 billion yuan. Additionally, the company has multiple records of dishonest enforcement (defaulters) and frozen equity.
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