Evergrande declared bankruptcy. Does it have an impact on later developers?

Evergrande declared bankruptcy, which had a great impact on the developers behind it. Evergrande Real Estate Group Co., Ltd. (hereinafter referred to as Evergrande Real Estate) was established in Guangzhou, Guangdong Province, China from 65438 to 0997. It is a subsidiary holding company of China Evergrande Group and the main body of the Group's real estate business.

Development course:

From the foundation of the first project to the expansion of more than 50 cities across the country, Evergrande Real Estate Group adhered to the policy of "building a brand with quality and achieving great things with integrity", implemented the target plan and performance appraisal management mode, rolled out development and operated efficiently, and formed a strong system competitiveness of the enterprise with the development strategy of "scale+brand", which enabled Evergrande to maintain a high-speed and steady development, and its comprehensive strength continued to rise, becoming the top leader of the national real estate enterprises.

Top hotels:

Hengda Hotel Series strives to become one of the models of luxury hotel brands in China. Adhering to the concept of "boutique strategy" of Evergrande Real Estate Group, Guangzhou Evergrande Hotel built its first platinum five-star flagship hotel in 2008.

Evergrande Hotel Management Group has successively built or planned luxury five-star Evergrande hotels in more than 20 large and medium-sized cities in China, such as Shanghai, Tianjin, Nanjing, Chongqing and Chengdu, as well as luxury projects such as "Japanese money soup" hot spring hotels and golf clubs with international standard golf courses.

The above contents refer to Baidu Encyclopedia-Evergrande Real Estate Group Co., Ltd.