August 4th.

Evergrande Group

A heavy announcement was made: in view of the dissolution of the agreement, the Group has decided to transfer the Guangzhou

Evergrande (name)

The land use rights of the soccer stadium site are returned and the transferee will then pay a total of RMB5.52 billion to the Group as a refund of the transfer premium.

The originally planned Guangzhou

Evergrande (name)

The soccer stadium, with a design capacity of up to 100,000 fans, will cover an area of about 150,000 square meters, with a total construction area of about 300,000 square meters and a total investment of up to 12 billion RMB. The stadium will be built according to the world's top standards, and is expected to be the world's largest, highest-grade, most complete supporting facilities, the most advanced technological applications, and the largest number of seats in the world's top international professional soccer stadium.

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