Is Jiangjin Luohuang Evergrande rotten?

No. Jiangjin district has set up a leading group to prevent and resolve major risks in the real estate field, and separately set up a working group for the project of Luohuang Evergrande International Cultural City, adhering to the overall working goal of "ensuring people's livelihood, ensuring delivery and ensuring stability". At present, the government departments are comprehensively cleaning up the remaining assets of Evergrande International Cultural City, and actively coordinating with Hengluocheng Real Estate Development Co., Ltd. and the project construction units (Gong Jian San Jian, Tsinghua Jianshi and Tuoda Construction) to resume work in an orderly manner in batches. Jiangjin Luohuang Evergrande has no unfinished business. China Evergrande Group 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. Its registered place is in Cayman Islands (UK).