In a year, tens of billions of wealth were "hollowed out", from the richest man to the "first bear", and tens of billions of debts were outstanding.

Others envy the rich with billions of wealth, but only the rich know how much "moisture" there is in their wealth. Tens of billions of people may have tens of billions of debts, and it is also common for businesses in China to clear their wealth overnight.

Zhejiang, once the richest woman in China, was a role model for countless entrepreneurs, but now Zhou Xiaoguang has become a "lai lai" with a debt of more than 20 billion yuan, and she has become a chicken feather.

In the 20 18 rich list, Yu Yu was still worth tens of billions, but then her holding company was constantly exposed to the debt crisis and fell into the altar in just one year.

Zhou Xiaoguang was born in 1962, and the family environment in Zhou Xiaoguang is not good. Even in those days, Zhou Xiaoguang left school early to work to help his family, while teenage Zhou Xiaoguang began to wander around.

At first, Zhou Xiaoguang made a living by selling embroidered shoes, but the business was not ideal. After a period of persistence, Xiao chose to return to his hometown.

Later, Zhou Xiaoguang continued to travel and chose to "try his luck" everywhere. In a few years, I traveled all over China, and later met and got married. After the marriage, the husband and wife settled in Yiwu, bought a booth and started selling ornaments. The couple cooperated very well.

After accumulating a certain amount of savings, Zhou Xiaoguang set up his own jewelry processing factory with millions of yuan, which is now Guangxin Jewelry. Through 1998, Zhou Xiaoguang Guangxin Jewelry has become the "leader" in the same industry in China.

After a period of time, the scale of Zhou Xiaoguang company became larger and larger, and Zhou Xiaoguang, like many rich people, embarked on the road of diversified development. At that time, the focus of Zhou Xiaoguang's diversified development was to establish Guangxin Real Estate Development Co., Ltd. in the real estate industry.

20 16, Guangxin Group realized its dream of listing, and Zhou Xiaoguang's value soared. In 20 17, Zhou Xiaoguang and his wife were worth more than 30 billion yuan, and Zhou Xiaoguang became the richest woman in Zhejiang.

However, the rapid expansion and diversified development of Zhou Xiaoguang has also laid a hidden danger for Guangxin Group, that is, the debt situation of the Group is worrying. Although the "surface" scenery is infinite, in fact, Guangxin Group has been heavily in debt, and the capital chain may break if it is not careful.

At that time, for the rapid development of the company, Zhou Xiaoguang chose to take risks and rely on loans to develop, but the "sequela" of high debt still appeared, and Zhou Xiaoguang and Guangxin Group failed to survive.

In 20 18, the debt crisis of guangxin group broke out, and then the explosion of guangxin group continued to implicate many of its holding companies. After that, Guangxin Group and its three subsidiaries applied for reorganization on 20 19.

As of March 22nd, 20 19, the total debts owed by Zhou Xiaoguang Guangxin Group and its subsidiaries within the scope of merger exceeded 22 billion yuan. In the case of high debts, the court also frozen the relevant shares of Guangxin Group, and many properties were also seized.

In mid-2020, Mr. and Mrs. Zhou Xiaoguang were also punished by relevant departments and banned from the securities market 10.