Shanshan Holdings was executed for 4.515 billion.

According to information on Tianyancha regarding legal proceedings, on May 8th, Shanshan Holdings Co., Ltd. added a new entry as a judgment debtor with an enforcement target of over 45.15 billion yuan, related to a dispute over equity transfer. The court responsible for the enforcement is the Intermediate People's Court of Suzhou City, Jiangsu Province. Shanshan Holdings Co., Ltd. was established in August 2004, with Zhou Shunhe as its legal representative and a registered capital of approximately 1.525 billion yuan. The company is jointly held by Kunming Jinyuan Anshan Investment Partnership Enterprise, Ningbo Xinrun Jiaying Trading Co., Ltd., Mianyang Miangao Equity Investment Fund, among others. Risk information on Tianyancha shows that the company currently has 7 entries as judgment debtors, with a total enforcement amount exceeding 7.5 billion yuan. In addition, the company also has restrictions on consumption orders and multiple entries for equity freezes.