Jacky Lee’s Massive Debt: Wife Haha Kim Shares Live Updates on Repayment Progress

Former mainland Chinese male star Li Yapeng, who has been out of the entertainment industry for many years, remarried the 19-year-old Miss Universe Haihajin in 2022. However, it was reported that they face business failure and owe a huge debt amounting to 40 million Chinese yuan, which is now being enforced by the court. Regarding the progress of debt repayment, Haihajin responded through live streaming on the 14th and openly discussed her relationship with stepdaughter Li Yan.

Li Yapeng, who has been involved in business for many years, along with his brother Li Yawei, had their assets of 40 million yuan enforced by the court in April last year. At that time, the applicant promised them installment payments, but the brothers failed to make any payments, and now they are still restricted from high consumer spending and even buying plane tickets.

On the 17th, Haihajin was asked during a livestream, “Has Li Yapeng repaid his debts?” She awkwardly replied, “Not yet, isn’t that why we do live streaming to earn money to repay debts? Isn’t it time for the spring tea to be launched? So he (Li Yapeng) needs to go live and offer the teas he picked for everyone. If any friends need it, they can support him in the live room.”

Haihajin emphasized that they have always been open about facing the debt issue and she is willing to share the responsibilities with her husband. She stressed that as long as both parties share the same values, pace of life, compatible personalities, and mutual understanding and respect, they can become good life partners.

According to reports from Chinese media, in July 2012, “Beijing Taihe Youlian Investment Co., Ltd.” invested 60 million yuan in Li Yapeng’s “Lijiang Snow Mountain Company”. To ensure profits, they agreed that after a 3-year development period, they would receive a fixed profit of 40 million yuan. However, after the completion of the development period, “Taihe Youlian” did not receive any payment from “Lijiang Snow Mountain Company”, prompting them to take the matter to court.

After losing in both the first and second trials, Li Yapeng still filed an appeal. Following a retrial, the court ruled that Li Yapeng and his brother Li Yawei must pay 40 million yuan plus interest to “Beijing Taihe Youlian Investment Co., Ltd.” There were rumors circulating online that Li Yapeng pleaded in court, saying, “We have nowhere to go. The entire project is basically at a standstill, and this problem cannot be solved with time alone. Whether I need to kneel down, bow down, or whatever it takes, I can do it.”

Li Yapeng has starred in many TV dramas and movies such as “Finish Love to the End,” “The Legend of the Condor Heroes,” and “The Smiling, Proud Wanderer”, leaving a bright impression in the minds of many. Many netizens joked, “If he just focused on acting, his remuneration for one show would be more than 40 million yuan, right?”

In fact, Li Yapeng, who has been living in the shadow of debt in recent years, recently informed the public during a Weibo live stream that he “has paid off another sum to the creditors.” Netizens noted his use of the word “another,” suggesting that he has repaid the creditors more than once. He expressed, “They must be very happy, right? Thinking about this, I am actually a bit happy. Though the road is still long, ‘The road ahead is long; I will seek the truth from top to bottom.’ Isn’t this the famous quote I hung by my bed when I was young? To be able to pursue my childhood dreams to this day is a beautiful thing, isn’t it? The sun is shining, let’s keep going!” This excerpt amused netizens, who commented, “First time seeing repaying debts as a profitable endeavor.”

Regarding his relationship with Li Yapeng and Wang Fei’s daughter Li Yan, Haihajin stated during the live stream that the now 18-year-old Li Yan has undergone a significant change in temperament and is currently not keen on being mentioned or receiving attention. “What we need to do is to give her enough space and respect.” Haihajin described her relationship with Li Yan as that of good sisters, and for the first time, publicly shared a photo with Li Yan, proving their good family bond.