Why did Evergrande pay 7 billion yuan?

Evergrande needs to pay 7 billion yuan because it faces serious financial difficulties. In the financial report of 20021,Evergrande showed that its losses reached an astonishing scale, including operating losses, fair value losses of investment real estate and related losses such as land recovery, totaling1802 billion yuan. In addition, there are other non-operating losses. Faced with such huge losses and high debts, Evergrande had to take measures to save itself, including selling personal assets, pledging equity and other ways to raise funds, of which Xu Jiayin personally injected more than 7 billion yuan. Although this capital investment is only a drop in the bucket for the huge Evergrande Group, Evergrande is still making continuous efforts to alleviate its financial pressure, including selling equity, introducing war investment and promoting repayment.