Xu Jiaqin

Xu Jiaqin, male, was born on September 1, 1955, in Taikang County, Zhoukou City, Henan Province, China. His parents’ details are not publicly disclosed. Xu Jiaqin is a half-brother of Xu Jiayin (also known as Hui Yaohui) on the maternal side, and he plays an important role within the family.

There is no detailed publicly available information regarding Xu Jiaqin’s educational background or early life experiences. During his teenage years, he worked selling vinegar in Jutai Gang Village, Gaoxian Township, Taikang County, Zhoukou City, Henan Province. He and his family exchanged the proceeds from this work for household items such as sweet potato chips and eggs. His professional career after this period has not been publicly detailed; publicly available information mainly focuses on his business activities and leadership positions.

In terms of business, Xu Jiaqin is a shareholder of Taikang Ansen Real Estate Co., Ltd. and Guangzhou Yaxu Decoration Design Co., Ltd. He is also an executive at Henan Lanjia Ya Intelligent Technology Co., Ltd. and Taikang Ansen Real Estate Co., Ltd. He registered Guangzhou Yaxu Decoration Design Co., Ltd. in 2002, holding 80% of the shares. This company is one of the main contractors for Evergrande Group’s real estate projects, responsible for the decoration and finishing works of numerous Evergrande developments across various locations. In the field of decoration and construction, Xu Jiaqin is the primary general contractor.

Xu Jiaqin is a relatively low-profile individual who seldom appears in public. In terms of business and social activities, notably, in May 2017, he attended the signing ceremony for the Taikang branch of Evergrande Football School and has been referred to as a “Taikang native entrepreneur in Guangdong.” Between late 2021 and early 2022, he transferred two villas he purchased in Guangzhou, with a total market value of approximately 103 million yuan. At the beginning of 2022, after selling property in Jinbi Huafu, Guangzhou, valued at about 110 million yuan on the market, the actual transaction amount was around 70 million yuan.

Regarding family relations, Xu Jiaqin’s adoptive father is Xu Xiangao. His brother is Xu Jiayin, and other family members include nephews such as Xu Zhijian (Xu Jiayin’s son) and Xu Tenghe (also Xu Jiayin’s son).

In recent years, as Evergrande Group faced a debt crisis, the businesses associated with Xu Jiaqin have also been affected. Guangzhou Yaxu Decoration Design Co., Ltd. has been repeatedly listed as a “judgment debtor” and a “dishonest person subject to enforcement” by the courts, involved in cases concerning labor contracts, bill disputes, sales contracts, and decoration contracts. In May 2022, Xu Jiaqin was publicly wanted nationwide, due to reasons including owing more than 10 million yuan in construction payments. The related enterprises have also been under long-term financial difficulties, with multiple restrictions on high consumption and numerous obstacles in contacting the legal persons and assets of these companies.