Vanke responds to the Yantai Bairun Real Estate incident: The content is seriously untrue, legal action will be taken

Wallstreetcn
2024.04.01 11:10
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Vanke responds to the Yantai Bairun Real Estate incident, stating that the malicious comments posted online are seriously untrue. Yantai Vanke will take legal action to protect its legitimate rights and interests. Previously, Yantai Bairun had repeatedly posted reports against Vanke, which were deleted. Yantai Vanke clarified that there are no issues of tax evasion, having paid a total of 2.7 billion RMB in taxes over the past 5 years

On April 1st, Yantai Bairun Real Estate Co., Ltd. (hereinafter referred to as Yantai Bairun), which has previously posted reports on Vanke on the internet, once again published an article titled "Reflections on Yu Liang's Manipulation of Vanke for Personal Gain" on the WeChat public account of "Yantai Wanlin Enterprise Management Consulting Co., Ltd."

Yantai Bairun alleges that Vanke is suspected of illegally setting up financial institutions to issue high-interest loans, deceiving shareholders, and misappropriating project construction funds.

In response, Vanke told a reporter from "Daily Economic News" that Yantai Bairun's malicious comments about the company and its executives online are seriously untrue. The dispute between Yantai Vanke and its local partners has entered the judicial process, and we believe that the law will provide a fair judgment. The unfounded accusations and commercial defamation have constituted defamation against individuals and illegal infringement of the company's reputation and business credibility. The company will take legal action to protect its legitimate rights and interests.

It is noted that a similar incident occurred in January this year. Yantai Bairun had previously published an article titled "Report Letter on Vanke's Tax Evasion" on the company's official WeChat account, alleging issues such as "concealing income," "evading large amounts of taxes," and "using tax evasion to seek personal gain" by Vanke. Shortly after, this post was deleted.

On January 20th, Yantai Vanke issued a clarification stating that the recent unfounded reports by Yantai Bairun against Yantai Vanke on the internet are seriously untrue. Vanke has always adhered to legal and compliant operations and does not have any tax evasion issues. Yantai Vanke has paid a total of 2.7 billion yuan in taxes over the past five years. In response to slander and rumors, Yantai Vanke will take legal measures to protect its legitimate rights and interests