Job Recruitment Website - Property management company - Will Chengtou Sunac Expo close down?
Will Chengtou Sunac Expo close down?
No, Sunac encountered a cash flow crisis, and unpaid promissory notes and real estate sales were not satisfactory. However, Sunac will not go bankrupt because of this. It also holds a large number of high-quality assets, which can save itself or be used as a bargaining chip until it reaches its own white knight. Moreover, Sunac's volume does not allow it to fall easily, and it can tide over the difficulties by splitting high-quality assets in exchange for cash flow support.
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