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(ECNS) -- Leshi Holding (Beijing) Co and LeTV Mobile and Intelligent Information Technology (Beijing) Corporation were put on China's highest level credit default blacklist on September 7 Wholesale Seattle Seahawks Jersey , Beijing Youth Daily reported.
The blacklist was made available on shixin.court.gov, a site covering the implementation of rulings by the Supreme People's Court.
In one lawsuit, which was accepted on March 21 and involved both Leshi Holding and LeTV Mobile, the No. 2 Intermediate People's Court of Tianjin ruled that the companies should make payments worth over 57.16 million yuan ($8.76 million), but neither implemented the ruling.
Both companies ""have the ability to honor obligations but refuse to do so Wholesale Tampa Bay Buccaneers Jersey ,"" said the court.
In another case, accepted in April, Leshi Holding was obliged to pay over 50.08 million yuan, according to the court ruling. But it had not implemented the ruling, either.
Information on shixin.court.gov showed the head of Leshi Holding was Jia Yueting Wholesale Tennessee Titans Jersey , and that of LeTV Mobile, Jia Yuemin.
Under a rule issued by the top court in July 2015, courts of execution could report blacklisted parties to government departments, financial regulatory bodies, financial institutions Wholesale Washington Redskin Jersey , relevant administrations and industry associations, which might issue credit warnings or render punishments to the blacklisted parties according to law regarding government procurement, tendering and bidding, administrative approval, government support Cheap Arizona Cardinals Jersey , finance and credit, market access, and qualification accreditation.
Courts might also issue orders to curb possible high consumption by blacklisted parties. For instance, high-end travel modes, star hotels Cheap Atlanta Falcons Jersey , night clubs and games of golf were all forbidden, while purchase of real estate projects, or new construction, expansion and high-end decoration of houses were also banned. Parties should not buy vehicles nonessential for business operations, take vacations Cheap Baltimore Ravens Jersey , send children to expensive private schools, or buy costly insurance and wealth management products.
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Shanghai actor and director Yan Shunkai, known for his role in “The True Story of Ah Q,” died in his home city on Monday at the age of 80.
Yan performed at China’s first Spring Festival Gala Evening in 1983. He enrolled in the Central Academy of Drama in 1959.
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