How did Country Garden Property Management Company go bankrupt?

Insolvency, inability to pay off due debts.

In enterprise management, virtual cost reduction can make the gross profit margin of enterprises artificially high and profits artificially increase.

Considering that from 20 13 to 20 15, the net profit of Country Garden Property was only 80,969,300 yuan, 12658, 1600 yuan and 220,475,400 yuan respectively, if the per capita salary and the number of employees provided by the company are correct, it means that Country Garden Property is likely to lose money during the reporting period. In the prospectus,

All the sales contracts of Country Garden explain several problems:

The model room is only used to arrange furniture, not to deliver the quality standard of the house.

When the house is used, such as opening an air-conditioning hole, you need to ask how to use the property. If you use it yourself, there will be hidden dangers-because in order to reduce costs, foam is the core part, and both black and white have unsafe factors.

The materials used are environmentally friendly thermal insulation materials, which are actually foam walls.

The tiny words at the bottom of all advertisements are disclaimers, and all advertising promises are not used as the basis for signing contracts. All promised supporting facilities are mainly municipal planning, and the same statement is also made at the bottom of official website's homepage.