Sunac Real Estate Group and Others Ordered to Pay 2.14 Billion Yuan

36Kr reports that Tianyancha App shows that on October 15 and 16, Sunac Real Estate Group Co., Ltd. and others were added as six new persons subject to enforcement, with a total execution amount of over 2.14 billion yuan. The executing courts include the Hailyan County People's Court and the Xishan District People's Court in Kunming. Established in January 2003, the company is led by legal representative Wang Mengde, has a registered capital of 15.015 billion yuan, and its business scope includes real estate development and commodity housing sales, property management, leasing of self-owned properties, real estate information consulting, and more. It is jointly held by Beijing Sunac Holding Group Co., Ltd. and Tianjin Sunac Jiasheng Enterprise Management Consulting Co., Ltd.