Feng Lun hit with high-consumption restriction over 425,800 yuan enforcement order
Feng Lun, former chairman of Wantong Real Estate and co-founder of Wantong Group, has been placed under a high-consumption restriction order by the Meilan District People's Court in Haikou, Hainan, over a private lending dispute. The enforcement target is 425,800 yuan, applied for by shareholder Runhanhui (Haikou) Investment Co., Ltd. The order, dated September 15, 2026, prohibits luxury travel and hotel stays. Feng Lun claims the loan was unauthorized by the company and is pursuing legal remedies.
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Real estate tycoon Feng Lun hit with high-consumption ban over shareholder loan dispute
Feng Lun, a prominent Chinese real estate tycoon and former member of the 'Six Gentlemen of Wantong,' has been placed under a high-consumption restriction order due to a private lending dispute involving Sanya Wantong Health Development Management Co., Ltd., where he serves as legal representative. The restriction, issued by the Meilan District People's Court of Haikou on September 15, was applied for by Runhanhui (Haikou) Investment Co., Ltd., the second-largest shareholder of Sanya Wantong. Feng Lun responded on Weibo on September 18, claiming the loan was unauthorized by the company's governing bodies and was carried out by minority shareholders using company seals. He stated the enforcement does not involve his personal payment obligations and that he is pursuing legal remedies. The article reveals a five-year internal shareholder struggle between Feng Lun and Runhanhui, involving multiple legal disputes, including a previous high-consumption ban in 2023 over a 6.95 million yuan loan. Sanya Wantong had previously sued Runhanhui and its underlying shareholders in 2020 for allegedly damaging company interests through unauthorized loans.
Read sourceFeng Lun Restricted from High-End Consumption; Sanya Vantone Health Faces 425,800 Yuan Enforcement
According to legal litigation information from Tianyancha, Sanya Wantong Health Development Management Co., Ltd. has recently been subject to a consumption restriction order. The order, case number (2026) Qiong 0108 Zhi 2332, was applied for by Runhanhui (Haikou) Investment Co., Ltd. and is enforced by the People's Court of Meilan District, Haikou City, Hainan Province. The restriction specifically targets Feng Lun, the company's legal representative and chairman. The entity under enforcement is Sanya Wantong Health Development Management Co., Ltd., with an enforcement target amount of RMB 425,800. The company, established in March 2016, has a registered and paid-in capital of RMB 5 million. This development indicates a legal dispute leading to court-ordered restrictions on high-end consumption for the company's top executive.
Read sourceFormer Real Estate Tycoon Feng Lun Hit with High-Consumption Ban in China
According to information from Qichacha reported by NetEase Finance, Sanya Wantong Health Development Management Co., Ltd., with Feng Lun as its legal representative and chairman, has been subjected to a new consumption restriction order by the People's Court of Meilan District, Haikou City, Hainan Province. The case number is (2026) Qiong 0108 Zhi No. 2332, and the applicant is Runhanhui (Haikou) Investment Co., Ltd. The enforcement target is RMB 425,800. The company was established in March 2016, with Xin Yang Real Estate Development Co., Ltd. holding 60% of shares, Runhanhui (Haikou) Investment Co., Ltd. holding 30%, and Beijing Fangshun Culture Communication Co., Ltd. holding 10%. This is not the first such restriction for Feng Lun; in May 2024, he and the company faced similar restrictions due to a loan contract dispute with the same applicant. In response, Feng Lun issued a public statement late on May 8, 2024, attributing the matter to unauthorized use of the company seal by minority shareholders and clarifying that the enforcement matters do not involve any personal payment obligations, adding that he has safeguarded his rights through normal legal procedures.
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Former Vantone Real Estate Chairman Feng Lun Hit with High-Consumption Restriction
According to the Tianyancha app, Sanya Wantong Health Development Management Co., Ltd. and its legal representative, Feng Lun, have been placed under a consumption restriction order by the Meilan District People's Court of Haikou City. The order, dated September 15, 2026, stems from a private lending dispute in which Runhanhui (Haikou) Investment Co., Ltd. applied for enforcement. The court filed the case on April 10, 2026, after Sanya Wantong failed to fulfill payment obligations determined by legally effective documents. The restriction prohibits the company and Feng Lun from high-consumption activities, including selecting airplane seats, soft sleeper berths on trains, or second-class cabins or higher on ships, and renting rooms in star-rated hotels. Public records show Feng Lun co-founded Wantong Group in 1991 with Pan Shiyi and others, served as chairman of Wantong Real Estate until 2011, and stepped down as chairman of Wantong Holdings in 2017.
Read sourceFeng Lun Restricted from High-End Spending; Sanya Vantone Health Faces Enforcement Target of 425,800 Yuan
According to Guandian News, a new consumption restriction order has been issued against Sanya Wantong Health Development Management Co., Ltd. (Case No.: (2026) Qiong 0108 Zhi 2332). The applicant is Runhanhui (Haikou) Investment Co., Ltd., and the enforcing court is the Meilan District People's Court in Haikou City, Hainan Province. The individual subject to the consumption restriction is Feng Lun, the legal representative and chairman of the company. The enforcement target is 425,800 yuan. Sanya Wantong Health was established in March 2016 with registered and paid-in capital of 5 million yuan. Its shareholders include New Oxygen Real Estate Development Co., Ltd. (60%), Runhanhui (Haikou) Investment Co., Ltd. (30%), and Beijing Fangshun Culture Communication Co., Ltd. (10%). Feng Lun, born in Xi'an in 1959, is a prominent businessman who helped found the Wantong Group and served as a founding director of China Minsheng Bank. The content is compiled from public information and does not constitute investment advice.
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