Evergrande (name)

It is also accelerating the sale of its own property

After falling into a liquidity crisis, the

Evergrande (name)

Also selling selling selling.

November 3rd.

Evergrande (name)

The group's official WeChat posting said that from July to October this year

Evergrande (name)

546 batches of buildings were completed, touching 184 different projects and 57,462 households. Among them, 105 projects were handed over in July, with 20,980 households; 85 projects were handed over in August, with 21,106 households; 48 projects were handed over in September, with 7,808 households; and 39 projects were handed over in October, with 7,568 households.

Evergrande (name)

The group pointed out that the "guarantee delivery" is the top priority, the group up and down all the staff vowed to the greatest determination, the greatest efforts to ensure that the construction, quality and quantity to complete the handover of the building.

Evergrande (name)

The group's official website shows that on September 1, the group's eight vice presidents led a special working group of eight "guaranteed delivery of buildings".

The chairman of each company in each province led the team members, signed the "guarantee delivery" military order.

On November 4, the HKEx's latest disclosure document, following the closing of the sale, on October 18

Evergrande (name)

The Group's shareholding in Shengjing Bank decreased from 49.59% to 19.85%.

November 4, at

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At an internal meeting held by the group, it is understood that the

Evergrande (name)

Xu Jiayin, chairman of the group's board of directors, said as he cheered on his workers, "The more difficult the company is, the more determined we must be, real estate is a capital-intensive industry that requires huge cash flow."

Xu Jiayin said at the meeting, "I'll give us a set of data: from January 1, 2016 to June 30, 2021, five and a half years, we have several major expenditures amounted to 5.01 trillion yuan, of which repaying the principal of maturing borrowings 225 billion yuan, paying interest on borrowings of 367 billion yuan (i.e., the principal and interest total about 2.61 trillion yuan), Paying taxes of 221.6 billion yuan, paying land payments of 963.4 billion yuan, paying construction and safety costs such as project payments and material payments of 973.6 billion yuan, and spending 238.1 billion yuan on management and marketing costs."

Xu Jiayin concluded, "So we must go all out to resume work and production to ensure the delivery of the building, in order to recover the sale, in order to recover the normal operation, in order to repay the arrears in all aspects."

On November 8, our

Evergrande (name)

It reduced its stake in Hengteng Network by 200 million shares, returning HK$407 million. Previously, on November 4 and November 5, the

Evergrande (name)

has reduced its holdings by 150 million shares and 180 million shares. within three trading days.

Evergrande (name)

It counts the reduction of 530 million shares of Hengteng Networks and the return of HK$1.125 billion.

Local time on November 11, British motor manufacturer Saietta Group announced that the company will be from the

Evergrande (name)

The group's automotive subsidiary bought electric drivetrain company e-Traction in a deal worth up to 2 million euros (14.6 million yuan).

According to the Securities Times, on September 10th of this year, Xu Jiayin was

Evergrande (name)

The wealth symposium clearly stated that it is necessary to ensure that all maturing wealth products are paid in full at the earliest possible time, not a penny less.

"I am capable of nothing, but

Evergrande (name)

An investor in wealth can't have nothing!"

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