According to the website of the Shanghai Higher People's Court, Li Zhaohui, the person subjected to execution, was restricted from leaving the country by the court according to law because he failed to fulfill his obligations stipulated in legal documents. Please implement the linkage mechanism member units, grass-roots implementation network member units and the public to assist the court in execution.
According to the information of China Judgment Document Network, Haibo Xinhui signed the Comprehensive Credit Agreement with the bank on June, 2065438 13+00, and obtained a credit of 520 million yuan from the bank. Meijin Company and Li Zhaohui, as guarantors, provide joint and several liability guarantee for Haibo Xinhui. Meijin guarantees a maximum credit line of 200 million yuan.
Haibo Xinhui is an affiliated company in Li Zhaohui. Later, due to the significant operational risks of Haibo Xinhui, the credit bank filed a lawsuit on March 14, demanding that Haibo Xinhui repay the loan principal and interest. Meijin Company, Li Zhaohui and other guarantors shall bear joint and several liability.
During the litigation, Meijin Company repaid the principal of 200 million yuan and the interest of 65.438+0.6283 million yuan and the principal and interest of 2.65438+0.66 million yuan on behalf of Haibo Xinhui Company on September 24th, 2065.438+04.04. Meijin Company was involved in the lawsuit because Haibo Xinhui Company failed to repay the above compensation to Meijin Company.
The case of Meijin Energy suing Li Zhaohui was pronounced by Shanghai No.1 Intermediate People's Court on March 5, 2008. The court held that Meijin Company exercised the right of recourse against Haibo Xinhui Company according to law, and the court supported it according to law. Li Zhaohui should also be liable to Meijin Company, the plaintiff, within the scope of its guarantee.
The court ruled that Haibo Xinhui paid the compensation principal of 2160,000 yuan and interest to Meijin Energy within 10 days from the effective date of the judgment; Li Zhaohui shall be jointly and severally liable for one quarter of the unpaid part of the payment obligation stipulated in the first paragraph above.
Li Zhaohui, 198 1 Shanxi Wenxi, graduated from Wuhan University of Science and Technology in 2005, majoring in business management. From June to 10, 2003, Li Zhaohui took over Haixin Iron and Steel Group from his father Li Haicang as the chairman and general manager of the group.
On June 5438+ 10, 2003, Li Haicang was shot dead in his office. He is still studying abroad. Li Zhaohui, under the age of 22, obeyed the wishes of his family, interrupted his studies and returned to China to take over Haixin Iron and Steel and became the chairman of Haixin Iron and Steel.
Li Zhaohui, who took over the enterprise as a "rich second generation", invested in financial institutions such as China Everbright Bank, bank of dalian, Minsheng Life Insurance, Industrial Securities, Shanxi Securities and Yin Hua Fund in the first few years when he was in charge of Haixin Steel, and constantly expanded the asset scale.
In 2008, Li Zhaohui was the youngest richest man in Shaanxi. On the 20 10 Hurun Report, Li Zhaohui ranked first in the 2006 Hurun Report with a wealth of 10 billion yuan. At that time, Li Zhaohui, who was only 25 years old, ranked 56th with a wealth of 4 billion yuan. He is the youngest entrepreneur on the list, and the first second generation in China to be listed because he inherited a lot of wealth. Everything in Li Zhaohui is a legend. From June 5438 to October 2003, his father was assassinated, which forced 22-year-old Li Zhaohui to leave school in grief and take charge of the family business. In the first year of taking over, the results were good. Haixin Group doubled its sales and more than tripled its tax payment. Ranked 85 th.
Marrying the star Che Xiao soon made Li Zhaohui known to the society. According to local rumors, at that time, every ordinary employee of Haixin Group received a red envelope from 500 yuan, and the number of employees of Haixin Group exceeded 9,000. The wedding company invited from Beijing made the whole county more lively than the Spring Festival, decorated with lanterns and colorful decorations everywhere, and the total wedding cost was 5 million yuan.
However, just like the bitter fruit of compensation of 300 million yuan after the marriage broke up, the once richest man now faces the problem of loans overdue, and even encounters the problem of collecting debts from banks. It is generally believed that the long-term family feud and Li Zhaohui's "resignation" are the reasons for Haixin Group's current predicament.