Will the Jurong government take over Evergrande?

No.

On December 30, 2021, Evergrande Tourism Group signed a cooperation agreement with Jurong City to create the world's top fairy tale and mythology theme park Evergrande Children's World. The two parties only have a cooperative relationship, and Evergrande Group has no intention of selling the company.

Jurong is a county-level city under the jurisdiction of Jiangsu Province and administered by Zhenjiang City. It is located in southern Jiangsu, connected to Zhenjiang in the east and Nanjing in the west. It is the southeast gateway of Nanjing and a member of the Nanjing metropolitan area. It is known as " Known as the "New Eastern Suburbs of Nanjing and the Imperial Garden of Jinling", Nanjing is an emerging city in the Yangtze River Delta integrating port, industry, commerce and tourism.