In recent years, Goldin Financial, which has repeatedly reported negative news such as financial difficulties, has its chairman Pan Sutong involved in financial disputes.
A management consulting firm filed a petition with the High Court yesterday (13th), claiming that it had borrowed 500 million yuan from a company of Pan the year before, and Pan Sutong was the guarantor.
However, Pan's company eventually only repaid about 110 million yuan.
The management consulting company claimed that together with the principal and interest, it was owed a total of 810 million yuan, and filed a lawsuit for recovery.
The plaintiff is Outstanding Management Consultation Limited, and the two defendants are Jin Jun Co., Ltd. and Pan Sutong.
The plaintiff pointed out that Pan Sutong was the actual owner of Jin Jun at the time of the incident.
Jin Yun borrowed 500 million Pan as guarantor
The plaintiff is filing a petition to borrow 500 million yuan from Jinxun in May 2020 according to the agreement, and Pan is the guarantor.
However, Jin Yun did not repay the loan before the deadline in August of the same year.
The plaintiff and Jin Xun later signed two supplementary contracts to postpone the repayment period to early January 2021.
The plaintiff alleges that Pan opened 3 checks and 2 failed to cash
In December 2020, Pan Sutong wrote three checks to the plaintiff, involving a total of 640 million yuan.
However, the plaintiff cashed the cheques in January and May 2021 without success.
At the same time, Jin Yun will repay a total of about 110 million yuan from February 2021 to January 2022.
The plaintiff alleged that together with the principal and interest, Jin Xun owed a total of 810 million yuan, and filed a lawsuit against Jin Xun and Pan Sutong for recovery.
Case No.: HCA321/2022
Goldin Financial Chairman Pan Sutong was filed for bankruptcy by another creditor and will be heard in February next year. CITIC filed for bankruptcy. He was involved in the highest unfinished building in Tianjin. Pan Sutong: There is enough collateral for the debt. In January, the High Court heard that Pan Sutong’s mansion on Deep Water Bay Road had been negotiated for more than 3 billion yuan. The current director of the holding company transferred Pan Sutong’s mansion at No. 75 Deep Water Bay Road, which was said to be negotiated with Goldin Finance for 3.6 billion yuan. The first phase of the station's pre-emptive right was revoked, and the lawsuit was filed against Goldin Pan Sutong Changshi filed a lawsuit against Pan Sutong for the purchase right of the Ho Man Tin Station project, saying that the other party should be reminded to abide by the agreement
