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When it comes to Evergrande, no one thinks of strangeness. The conglomerate is nationally known for its real estate business. I am afraid that almost every city has an Evergrande community, which is enough to show its strong strength. In addition, Evergrande Group also extends to food, medical, tourism, entertainment and other fields, almost everything. It can be said that it is a complete business empire with influence everywhere.
The founder of Evergrande Group is Xu Jiayin. He once won the title from China's richest man. Although it cannot be said to be "rich as an enemy", it can definitely be regarded as the "richest man". Xu Jiayin is widely known in the business world, maximizing his power and wealth at his peak. However, this also buried hidden dangers for his later life.
In recent years, we have all witnessed an economic downturn in the real estate market. Many real estate enterprises are facing the crisis of broken capital chains, and real estate projects across the country have generally stopped working. As homes are hard to sell, buyers are generally worried and cautious.
Evergrande mainly operates real estate business, but due to blind expansion of the market, the capital chain is rapidly broken, and Evergrande's real estate projects are suspended one by one. This question comes up again and again. Evergrande's economic situation is irreversible. Ordinary people began to accuse Xu Jiayin because he was at the helm of the big ship. Now the boat capsized, and many people lost money to buy a house.
Recently, official reports said that Xu Jiayin was suspected of breaking the law and was subject to compulsory measures. The announcement also mentioned that the shares of Evergrande Group will be suspended from 9 a.m. on September 28, 2023, and the company's shares will continue to be suspended. This means that Xu Jiayin is completely in trouble, and Evergrande Group is also in the abyss.
In addition, Xu Jiayin has several high-profile enterprises, the most notable of which is the "Evergrande Song and Dance Troupe" that he founded. Unlike other cabaret troupes, this troupe only recruits beautiful women who are extraordinary and versatile. The song and dance troupe was founded in 2021 and has grown to several hundred members.
According to media reports, joining the "Evergrande Song and Dance Troupe" is not easy. Entrants must go through several rounds of rigorous selection. Not only must they be able to sing and dance well, but their appearance must also reach the level of "school flowers". The final admission decision even requires Xu Jiayin's personal participation. How to admit it, only insiders know. Xu Jiayin's personal participation in the pageant became a point of controversy.
With the bursting of Evergrande's economic bubble and the exposure of Xu Jiayin's suspected illegal behavior, netizens began to worry about what would happen to the members of the "Evergrande Song and Dance Troupe". It is said that the "Evergrande Song and Dance Troupe" is even a subsidiary of Evergrande. Countless people would have wanted to join because it meant high salaries and exposure to higher-level people, which had a positive impact on their future careers. However, the barrier to entry is very high. It is not only necessary to meet the requirements of appearance, talent, education and so on. Therefore, it is quite difficult to participate successfully.
The performance role of "Evergrande Song and Dance Troupe" is very important, and Evergrande Group spends tens of millions of yuan on training and performances every year. Sometimes, when Xu Jiayin was in a bad mood, he would ask the "Evergrande Song and Dance Troupe" to open for him, and he would sit in the audience and enjoy. Therefore, it can be said that the Evergrande Song and Dance Troupe is to some extent his personal song and dance troupe.
In addition, Xu Jiayin sometimes asks the "Evergrande Song and Dance Troupe" to perform dances for leaders at leaders' meetings to please them, save face and set the atmosphere.
Xu Jiayin has always been considered a casual person in the business world. It can be said that he was "he came up with it". For example, he participated in the football team, Evergrande Ice Spring, Hengchi Automobile, Children's World and other projects, but in the end he failed repeatedly and did not sum up experience, which gradually led to the collapse of Evergrande Group.
As for the "Evergrande Song and Dance Troupe", it has not yet been disbanded. Although Evergrande is in crisis, the salaries of members who have successfully joined are still very high. In addition, these members are unique in appearance, talent, and education, so they already have a backup plan. The status and significance of cabaret within the company may change, but it has not stopped.
In short, the future of Xu Jiayin and Evergrande Group is full of uncertainty. The huge debt problem of Evergrande Group needs to be solved, and Xu Jiayin's suspected illegal problem needs to be solved through legal procedures. As for the "Evergrande Song and Dance Troupe", although it was once Xu Jiayin's private song and dance troupe, its existence value and prospects may also change under the company crisis.
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