The dilemma of Datang’s Evernight City: Xi’an Municipal Urban 188bet sports betting app download Corporation was filed for bankruptcy liquidation,Being called “fraudulent financing” again!

The 188bet sports betting app download dividends brought by short-term popularity are difficult to sustain.

Recently,Market news states that Xi’an 188bet sports betting app download Lintong Tourism Investment (Group) Co., Ltd. (hereinafter referred to as”Lintong Tourism Investment“) was filed for bankruptcy liquidation by a leasing company,The applicant is unable to repay due debts and obviously lacks repayment ability。

This is the second city 188bet sports betting app download platform to be filed for bankruptcy,Previously Zhongtai Trust filed for bankruptcy of Guizhou Kaili Kaiyuan City 188bet sports betting app download,So far, the Shanghai Financial Court has not ruled to accept the case,That is to say, there has not yet been a real urban 188bet sports betting app download bankruptcy case。

Lintong Tourism Investment is a city investment,has been listed as the person subject to execution many times,The execution amount is about 4.400 million yuan。It is affiliated to Qujiang Culture Holdings Co., Ltd. (referred to as "ldquo;Qujiang Cultural Control”)。Qujiang Cultural Control is the most important cultural industry investment entity in Qujiang New District, Xi'an,Business covers 188bet sports betting app download business、Cultural Industry (Engineering) Project、Scenic area infrastructure construction、Real estate development business, etc.。310 companies under its jurisdiction,126 core enterprises,3 listed companies,Qujiang 188bet sports betting app download、New trends、Qujiang Intelligent Manufacturing。

And Xi’an Internet celebrity landmark Datang Everlasting City、Daming Palace、Big Wild Goose Pagoda、Xi’an City Wall、Phenomenal IP resources such as Datang Furong Garden belong to Qujiang 188bet sports betting app download Control,Therefore, it has also become a "ldquo" among the district's state-owned assets.;Internet celebrity urban investment”。

Qujiang 188bet sports betting app download Control announced a month ago,The company and its subsidiaries have overdue debts,Total amount 2.5.3 billion yuan。Not only that,Both Daming Palace Group and Lintong Investment, both under Qujiang 188bet sports betting app download Control, are in debt crisis。

Non-standard products on many platforms in 188bet sports betting app download have defaulted,The situation is getting more and more serious,There seems to be a trend of all-out thunder。

As of the end of the first quarter of 2024,Qu Wenkong’s total assets are 2067.3.2 billion 188bet sports betting app download,Total liabilities 1807.9.8 billion 188bet sports betting app download,Net worth 259.3.4 billion 188bet sports betting app download,The company’s asset-liability ratio is 87.46%。

Non-standard concentrated thunderstorm,This is a major problem faced by Qujiang 188bet sports betting app download Control。More than 15 of its companies have fund-related disputes with financial institutions and partners,The amount involved exceeds 1.2 billion yuan,And this is only the part that has been publicly responded to。The entities involved in the disclosure include Shaanxi International Trust、Sinopharm Leasing (full name: Sinopharm Holdings (China) Financial Leasing Co., Ltd.)、Minmetals Trust、CITIC Trust、Tianjin Trust、Shandong International Trust、SPDB Finance、Zheyin Finance、Oriental Assets、Far East Horizon、BoCom Leasing、Yuexiu Leasing、Bank of Jiangsu Hangzhou Branch、Shaanxi Qinnong Rural Commercial Bank and many other financial institutions。Among them,The Ming Palace family is the main“Minefield”,It includes the construction and development of Daming Palace、Daming Palace Real Estate、Daming Palace Commercial Properties、Guanli Real Estate、Jiahe Real Estate、Karasawa Real Estate、Shaanxi Spring Real Estate and other real estate companies。

Qujiang Cultural Control’s overall net profit loss in 2023 is 16.100 million yuan,This is the first loss in the past four years,2024 half-year report loss 15.700 million。Qujiang 188bet sports betting app download is the most important listed company of Qujiang Cultural Holdings,Significant losses will also occur in 2023,Net profit-1.9.5 billion yuan,Deduction of non-net profit is -2.2.2 billion yuan。Due to Qujiang 188bet sports betting app download’s previous pre-profit and actual losses,The Shanghai Stock Exchange also issued a regulatory letter。It is worth mentioning,Qujiang 188bet sports betting app download’s non-net profit has been in loss for 4 consecutive years,Increasing revenue without increasing profits,And the total amount owed by the top five debtors alone in 2023 will be nearly 1.3 billion yuan。Qujiang 188bet sports betting app download’s financial report for the first half of 2024,Despite revenue growth 11.9% up to 7.700 million yuan,But the net profit was a loss of 1.900 million yuan。

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Being shouted: “Fraudulent Financing&188bet sports betting app download;!

According to Qingdao Qixin Asset Management Notice,Xi'an 188bet sports betting app download Daming Palace 23 Bond Default,13.6 million principal and interest failed to be paid。Qingdao Qixin bluntly said: Your company is not afraid of being scalded by boiling water,Completely disregarding the image of Xi’an Municipal Government,Doing“He is both an umbrella seller and in charge of the rain business”,I am the debtor and I am the uncle,Love so much。If your company does not pay in time within 48 hours,Qingdao Qixin Legal Person Yuanhang will expose the evil deeds of 188bet sports betting app download District Government and Xi'an Urban Investment through real-name appearances on all online platforms,“Fraudulent Financing,Fraudulent repayment”Resulting in Xi’an’s high debt level,Standing about to fall,Only the shiny fur remains。Believe that justice will eventually come,The crow cannot cover the scorching sun。

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Xi’an Qujiang Daming Palace is 100% owned by Qujiang Culture Holdings,The actual controller behind Qujiang 188bet sports betting app download Holdings is the Qujiang New District Management Committee。Qingdao Qixin, the other protagonist of this article, is 100% owned by Yuanhang personally。In other words,This is an insult from an individual company to the local urban investment firm。

What’s worth paying attention to,June 9, 2024,Qingdao Qixin Asset Management Co., Ltd. has issued an announcement,Announced that all 23 creditor’s rights transfer projects of Xi’an 188bet sports betting app download Daming Palace Group have defaulted。

The announcement states,“Xi’an 188bet sports betting app download Daming Palace Group 23 Creditor’s Rights Transfer”Project (hereinafter referred to as this project),The direct financier of this project is“Xi’an 188bet sports betting app download Daming Palace Investment (Group) Co., Ltd.”(hereinafter referred to as Daming Palace Investment),Due to Daming Palace Investment’s default on May 25, 2024,In accordance with the contract, our company immediately announced the breach of contract and the immediate expiration of this project,As of June 9, 2024, Daming Palace Urban Investment has still not issued any breach of contract announcement,From June 8, 2024, all the principal of 22.5 million will enter the default period。

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Financial performance of AAA urban 188bet sports betting app download companies

Although the home page of Sujing product reminds: The model is only for reference for non-market-oriented enterprises such as urban 188bet sports betting app download companies,Single risk reminder helps in-depth observation。The main reason is that the occupation of urban 188bet sports betting app download funds is extremely common,It is difficult to convey government behavior and interests from data、Separate corruption。Objectively speaking,Many urban 188bet sports betting app download companies are established as a shell for financing。

Look at the performance of Qujiang 188bet sports betting app download Control over the years in the picture below,Before the epidemic in 2019, its financial reporting problem signals had far exceeded ";Extremely high risk”Early Warning Line,The signal of funds being transferred and occupied is extremely high: three tables are checked、Construction in progress、Fixed assets、Intangible assets、Goodwill、Currency Funds、Other receivables、Abnormal accounts such as prepaid assets;At the same time, the inflated performance is also very obvious,Accounts receivable、Investment income、Cost、Fee、Amortization、Disordered relationships in accounts payable, etc.。And operates in &ldquo all year round;High risk”Status。

Company with poor foundation,As soon as the epidemic comes,The operation quickly fell below the default warning line。You can see Qujiang 188bet sports betting app download Control’s quarterly report as early as 2020,The operation fell far below the default warning line of state-owned enterprises -40 points,The warning continues until the latest 2024 semi-annual report。

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Fake signals and business portraits of Qujiang 188bet sports betting app download Control’s financial reports over the years

And several of its listed and bond-issuing subsidiaries,The condition is very poor,Fake signals are“Extremely high risk&188bet sports betting app download;Early Warning,Echoing the group’s false signals,And the operation fell below the default warning line in 2020,Just falling all the way。

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The above evaluation is calculated by the financial data model,Does not constitute decision-making advice

Interesting thing,Since Qujiang 188bet sports betting app download Control’s main credit rating was rated AAA in 2020,Still unchanged today。

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In recent years,The "Internet Celebrity City" effect sweeps across the country,From Zibo to Harbin,And then to Tianshui, Gansu and Shanxi,All regions are using hot events and unique cultural resources to attract tourists。However,This kind of tourism dividend that relies on short-term popularity is difficult to sustain。Take Xi’an as an example,Attracted 2 in 2023.7.8 billion visitors,Tourism revenue reaches 335 billion yuan,Ranked fifth in the country。But the surprising thing is,Three major 188bet sports betting app download listed companies in Xi’an——Qujiang 188bet sports betting app download、Xi’an Tourism and Xi’an Food,Total loss in the first half of 2024 reaches 3.100 million yuan。

Datang Evernight City, a subsidiary of Qujiang 188bet sports betting app download, received 42.44 million tourists in the first half of 2023,But only 1 was created.Per capita income of 5 yuan。This data highlights the core issue facing the current 188bet sports betting app download industry: how to convert tourist flow into actual economic benefits?The 188bet sports betting app download industry cannot rely solely on attracting attention and creating topics,There is a greater need to improve tourists’ consumption willingness and experience satisfaction through high-quality services and innovative projects。

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