After active self -rescue for one year, I haven't given up!Evergrande Xu Jiayin: Completely resumed work before September 30

On September 12, according to the official WeChat public account of the "Evergrande Group", Evergrande held a re -production and re -production insurance industry weekly conference on that day. At the meeting, Xu Jiayin, chairman of the board of directors of Evergrande Group, said that all employees of Evergrande started to work early this year, and held a special project meeting every week. In the case of extremely difficult circumstances, the company worked together, never giving up, hard work, and fighting day and night. With the help of the government, it overcome difficulties, and resumed work and re -production achieved significant results.

Xu Jiayin revealed that "there are currently 706 national insurance and diplomatic relations projects, 668 projects have been resumed, and 38 unauthorized projects are required to be fully resumed before September 30. Among the 668 projects that have been resumed at present, there are 606 projects that have been resumed. When it reaches the normal level of construction, there are still 62 in the process of restoring the normal construction process. Relevant regional companies must all reach the normal construction level before September 30. "

Since September 1, 2021, Xu Jiayin has solemnly signed the "Insurance Communications" military order. It has passed for a full year. It is not difficult to find that under the leadership of Xu Jiayin, Evergrande Group has not given up and is still actively rescue himself! "Never allow anyone to lie flat at Evergrande!" This was a speech delivered by Xu Jiayin at the end of 2021. In 2022, in accordance with the plan of Xu Jiayin, the goal of 600,000 units of delivery and about 70 million square meters must be completed.

According to the data of the real estate enterprise sales list released by Kerry, Evergrande's sales from January to June this year were 12.26 billion. Even in July to August of the off-season of the property market, Evergrande's sales were 6.16 billion yuan, which showed a recovery trend in general, and the general recovery trend was recovering. With the arrival of the "Golden Nine Silver Ten" in the housing market, Evergrande's sales may continue to heat up.

In addition, a "big mountain" that has been pressed on Evergrande in recent months has also been relieved. On September 5, China Evergrande issued the "Inscription News" in the Hong Kong Stock Exchange, revealing that the Hong Kong High Court approved the company's liquidation to sign an extension application on September 5, 2022. Sunday; at the same time, the company is actively promoting the reorganization of overseas debt with its financial and legal consultants, and will announce a specific solution to respect all the rights of all interests as soon as possible.

The liquidation of Evergrande's announcement in the announcement was proposed by the Top Shine Global Limited of Intershore Consult (SAMOA) Limited on June 24, 2022 to the Hong Kong Special Administrative Region Higher Court. Essence According to the 21st Century Business Herald, Shan, an executive director of China Evergrande, responded at the time that the strategic investors who proposed a liquidation of liquidation accounted for less than 1%of the Group's overseas debt ratio.

However, there is no doubt that this time the hearing was extended by the court's consent, and it also gave Evergrande's opportunity to breathe, so that it could continue to help himself. In order to rescue himself, Xu Jiayin announced in October 2021 that Evergrande's three strategic decisions of the rescue of risks to rescue the risk of self -rescue: First, unswervingly and fully went to achieve resumption of work and re -production to keep the building. The scale of real estate development and construction; Third, the transformation from the real estate industry to the new energy vehicle industry within 10 years.

At present, the sales of the "guarantee of the friendship" and the current building are in full swing. Although there may be a gap between the goals proposed by Xu Jiayin at the beginning of the year, Evergrande also shows its determination to "lying flat" to the outside world. In order to quickly return the capital, Evergrande also sold some assets, including Xu Jiayin himself, and injected over 7 billion yuan in cash into Evergrande. Evergrande has sold related equity such as Hengteng Network, Shengjing Bank, Evergrande Bingquan, and Shenzhen Gaoxin Investment. Evergrande's semi -annual report disclosed that 5 real estate projects and non -core assets were sold during the reporting period, with a total cost of about 9.27 billion yuan.

Evergrande Motors also held a pre -sale conference in July, and officially released its first mass -produced model "Hengchi 5" pure electric luxury SUV. Liu Yongzhuo, president of Hengchi New Energy Vehicle Group, also said, "After the pre -sale conference on July 6, the market response is very good, which is better than expected. From the current, Hengchi sales have become a foregone conclusion. "

However, there is still a month before Hengchi 5 is delivering, but no matter what, although Evergrande's debt crisis has not been resolved, it may have felt the determination of Evergrande Group's self -rescue since last year.

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