In recent years, renowned mainland Chinese actress Liu Xiaoqing has been embroiled in legal troubles, with her losing the appeal in the 3.3 million yuan loan dispute case and being added as an execution target, liable for supplemental compensation within the 3.4 million yuan unpaid capital range.
According to reports from mainland Chinese media outlets such as Jimo News and Qilu Evening News, on September 1st, Mr. Wang from Shenzhen posted online about the latest development in the private loan dispute between him and Liu Xiaoqing Jewelry (Ningbo) Co., Ltd. (referred to as Liu Xiaoqing Jewelry Company).
On August 31st, the Guangdong Shenzhen Intermediate People’s Court issued a second-instance civil judgment, rejecting Liu Xiaoqing’s appeal and upholding the first-instance judgment, adding Liu Xiaoqing as the execution target. As per the judgment, Liu Xiaoqing is required to assume supplemental compensation responsibility for the debts of the involved company within the 3.4 million yuan unpaid capital scope.
The dispute dates back to 2020 when Mr. Wang lent 3.3 million yuan to X, the legal representative of Liu Xiaoqing Jewelry Company, and the company itself, with a repayment deadline set for March 30, 2021. Due to the non-repayment upon maturity, Mr. Wang filed a lawsuit, leading to a court order for X and the company to repay. However, the execution of the judgment was unsuccessful as X had no assets for execution.
In 2025, Mr. Wang applied to add Liu Xiaoqing and Ningbo Xiaoqing Enterprise as execution targets. Initially, the court only ruled to add Ningbo Xiaoqing Enterprise, rejecting the addition of Liu Xiaoqing. Discontent with this decision, Mr. Wang pursued further legal action.
In November 2025, the Shenzhen Futian District Court ruled in favor of Mr. Wang, stating that Liu Xiaoqing should bear supplemental compensation responsibility for the company’s debts within the agreed upon 3.4 million yuan capital range. Liu Xiaoqing subsequently appealed, and the Shenzhen Intermediate People’s Court upheld the original ruling.
During the litigation, Liu Xiaoqing argued that she was deceived and had her identity misused by X, the legal representative of the company, claiming she was unaware of the actual shareholding situation. She maintained that her relationship with the company was essentially for image endorsement cooperation and not active shareholder involvement.
The Shenzhen Intermediate People’s Court concluded that the existing evidence did not support Liu Xiaoqing’s claims of objection or seeking relief measures regarding her shareholder status in the business registration. Hence, as a shareholder listed in the business registration, she is obliged to fulfill corresponding shareholder duties under the law. The court emphasized that the obligation to contribute capital as a shareholder is a legal responsibility that cannot be exempted based on participation in company operations or fraudulent acts.
In recent years, Liu Xiaoqing has been involved in various legal and economic disputes. In 2025, she was embroiled in a personality rights dispute with Ningbo Xiaoqing Jewelry Co., Ltd., and its Shenzhen branch, resulting in the court ruling for both companies to cease using her name and image, issue a public apology, and pay Liu Xiaoqing 695,000 yuan for economic losses. Due to the other party’s failure to comply with the apology obligation, Liu Xiaoqing subsequently applied for compulsory enforcement.
Additionally, Liu Xiaoqing’s former assistant, Gu Ke, has been seeking a claim of 5.04 million yuan from her since late 2024, with disputes over the nature of the claim and the existence of debts. In August 2026, the case underwent pre-trial mediation at the Beijing Chaoyang Court but failed to reach a resolution. The case is still pending in court, without a judgment on Liu Xiaoqing’s payment of 5.04 million yuan.