Why can’t Country Garden Biyouxin refund the money?

Normally, refunds are possible, but liquidated damages will be charged.

Country Garden Group, also known as Country Garden Holdings Co., Ltd. (stock code: 02007.HK), is headquartered in Shunde District, Foshan City, Guangdong Province. It is China's largest new urban residential developer. Adopting a centralized and standardized operating model, its business includes property development, construction and installation, decoration, property management, property investment, hotel development and management, as well as modern agriculture and robots.

Country Garden provides diversified products to meet the needs of different markets. Various products include residential projects such as townhouses and villas, as well as parking spaces and shops. We also develop and manage hotels in certain projects to enhance the appreciation potential of real estate projects. In addition, it also operates hotels independent of real estate development, with annual sales of 771.5 billion yuan in 2019, ranking first in China's real estate industry.

Group Profile

Country Garden Holdings Limited (stock code: 02007.HK), headquartered in Shunde, Guangdong, is China's largest new urban residential developer. Adopt a centralized and standardized operating model. Its businesses include: property development, construction and installation, decoration, property management, property investment, hotel development and management, etc.

Country Garden was listed on the main board of the Stock Exchange on April 20, 2007. Listing not only provides funds for the long-term and healthy development of the group, but also takes a successful step into the international capital market.