Evergrande Group Debt

In February, 2002 1,1,the report released by Evergrande showed that the company's current total liabilities were197 billion, of which accounts receivable and bonds were 951/billion, accounting for 48%, while long-term loans were 331.

ChinaEvergrandeGroup (listing code: HK03333), formerly known as Evergrande Real Estate Group Co., Ltd., is an international enterprise group listed on the main board of Hong Kong Stock Exchange, integrating real estate planning and design, development and construction and property management, and registered in Cayman Islands (British).

202 1 12 On February 3rd, China Evergrande Group (listing code: HK03333) announced on the Hong Kong Stock Exchange that it could not fulfill its guarantee obligations. The Guangdong Provincial People's Government paid close attention to this and immediately interviewed Mr. Xu Jiayin, the actual controller of China Evergrande Group.

At the request of Evergrande Real Estate Group Co., Ltd., in order to effectively resolve risks, protect the interests of all parties and maintain social stability, the Guangdong Provincial People's Government agreed to send a working group to Evergrande Real Estate Group Co., Ltd. to urge enterprises to handle risks, strengthen internal control management and maintain normal operation.