Gu Jiangsheng, the actual controller of the Gujia Group, was included in the list of restricted consumption

  According to the China Executive Information Disclosure Network (Reporter Liu Shenliang), Gu Jiangsheng, the actual controller of the large domestic private enterprise Gujia Group, is listed as a consumer restricted.

  According to the "Consumption Restriction Order", the Linyi County People’s Court filed a case on August 4 for the enforcement of the case of Shandong Dexing Group Real Estate Development Co., Ltd.’s application for the implementation of the equity transfer dispute of Gujia Industrial Investment (Hangzhou) Co., Ltd. due to Gujia Industrial Investment ( Hangzhou) Co., Ltd. failed to perform the payment obligations determined in the effective legal document within the period specified in the execution notice. The Linyi County People’s Court imposed consumption restrictions on Gujia Industrial Investment (Hangzhou) Co., Ltd., restricting Gujia Industrial Investment (Hangzhou) Co., Ltd. and Gu Jiangsheng is not allowed to implement the following high-consumption and non-essential consumption behaviors for life and work: (1) When taking transportation, choose airplane, train soft sleeper, and ship class above second class; (2) In hotels, hotels, nightclubs, golf clubs above stars High consumption in stadiums and other places; (3) Purchase of real estate or new, expanded or high-end decoration houses, etc.

  According to the industry and commerce information of the company, Gujia Industrial Investment (Hangzhou) Co., Ltd. was established on December 1, 2011 and is a wholly-owned subsidiary of Gujia Group Co., Ltd. (hereinafter referred to as "Gujia Group").

  According to Gujia Home Furnishing's 2019 annual report, as of the reporting period, Gu Jiangsheng held 61.6% of the equity of Gujia Group, Gu Yuhua and Wang Huoxian respectively held 60% and 40% of the equity of TB Home. Gu Yuhua and Wang Huoxian were married to each other, and Gu Jiangsheng was the son of Gu Yuhua and Wang Huoxian. The Gujia Group and TB Home constitute people acting in concert.

  According to the official website, Gujia Group was founded in 1982, and now has Gujia Home Furnishing, Gujia Industrial, Gujia Investment, Lingshang Meiju, Shanghai Aofan, Beijing Shichuang, RolfBenz of Germany, Hong Kong Feijie Design, Shuangke Technology and other domestic and foreign companies Ten subsidiaries, the main business focuses on home design, manufacturing and decoration. In October 2016, Gujia Home Furnishing successfully listed on the Shanghai Stock Exchange.

  The market has noticed that Gujia Group’s debt has exceeded 10 billion. The Gujia Group rating report shows that at the end of 2019, the company's total liabilities were 12.646 billion yuan, a year-on-year increase of 1.03%; the asset-liability ratio was 59.02%, a year-on-year decrease of 5.49 percentage points.