Huatai Automotive Group, Zhang Xiugen and others have had 1.3 billion in assets frozen restored for execution.

According to the legal litigation information from Tianyancha, recently, Huatai Automotive Group Limited Company, Tianjin Guotai Financial Leasing Co., Ltd., Zhang Xiugen and others have added a restoration of execution information. The amount of the execution target is over 1.3 billion yuan, and the executing court is the Intermediate People's Court of Jinzhou City, Liaoning Province. Huatai Automotive Group Limited Company was established in May 2008, with Miao Xiaolong as the legal representative and a registered capital of 300 million yuan. Its business scope includes commissioning production and sales of automotive parts, import and export of goods, sales of automobiles, and enterprise management consulting. Zhang Xiugen and Miao Xiaolong hold 99% and 1% of the shares respectively. Risk information shows that the company currently has nine records of executed persons, with a total amount of over 2.9 billion yuan. In addition, the company also has multiple records of consumption restrictions, dishonest executed persons, and final cases.