Focus News Highlights: Deep in the 800 Billion Debt Crisis?Evergrande refutes rumors: fabricated out of thin air

China Evergrande: Rumors about the reorganization of our company circulating on the Internet, related documents and screenshots are fabricated out of thin air and are purely defamatory

China Evergrande issued a statement on the evening of the 24th: Recently, rumors about the company’s restructuring have been circulating on the Internet. The relevant documents and screenshots are fabricated out of thin air and are purely defamatory, causing serious damage to the company’s goodwill. The company strongly condemned and reported the case to the public security organs, and resolutely used legal weapons to safeguard the legitimate rights and interests of the company.

It is understood that all operations of Evergrande are in good condition at present. From January to August this year, Evergrande achieved a total of 450.6 billion yuan in sales, with a sales receipt of over 400 billion yuan. As of the first half of this year, Evergrande’s cash balance reached 204.6 billion yuan. Recently, Evergrande also repaid 10.6 billion USD debt ahead of schedule.

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Author: Yoyokuo