Traditional Culture Encyclopedia - Hotel accommodation - Is it true that Shanghai Sheshan Shenkeng Hotel was executed for more than 20 million yuan?

Is it true that Shanghai Sheshan Shenkeng Hotel was executed for more than 20 million yuan?

Not true. According to the announcement of the Shanghai No. 1 Intermediate People's Court: As of February 12, 2023, Shanghai Shimao Jintuo Real Estate Co., Ltd. Sheshan Shimao Intercontinental Hotel has been enforced for more than 62.5 million yuan. Shanghai generally refers to Shanghai City, abbreviated as "Hu" or "Shen". It is a municipality directly under the Central Government of the People's Republic of China, a national central city, a megacity, and the core city of the Shanghai metropolitan area.