Traditional Culture Encyclopedia - Travel guide - Who guarantees Evergrande’s overseas debt?

Who guarantees Evergrande’s overseas debt?

Hello, Evergrande’s overseas debt is guaranteed by all subsidiaries of Evergrande, such as Changsha Jufeng Network Technology Co., Ltd., Wuhan Feiyou Technology Co., Ltd., and Jiangxi Hengda Acoustic Technology Engineering Co., Ltd. , Jiangxi Evergrande Engineering Technology Co., Ltd., *** Qingcheng Evergrande Internet Industry Investment Center (Limited Partnership), Heilongjiang Hengda High-Tech Co., Ltd., Jiangxi Hengda New Energy Technology Co., Ltd., Evergrande Metal Trading Center Co., Ltd. ,

Evergrande Real Estate Group Co., Ltd. is a holding company of China Evergrande Group and a real estate business entity of the group. It is headquartered in Shenzhen, China. Evergrande Group is one of the world's top 500 enterprise groups integrating real estate, finance, health, tourism and sports. It has total assets of one trillion yuan, annual sales of more than 400 billion, more than 80,000 employees, and more than 1.3 million employees. With more than 500 real estate projects in more than 180 cities in China, it has become the world's number one real estate company.

In terms of the ownership structure of Evergrande Real Estate, Xu Jiayin absolutely controls the Hong Kong-listed company China Evergrande (registered in the Cayman Islands) through the BVI (British Virgin Islands), and China Evergrande holds Guangzhou Chaofeng Real estate has 100% equity, a domestic company, Guangzhou Kailong Real Estate holds 100% equity of Evergrande Real Estate Group Co., Ltd. through the British Virgin Islands company Anji Co., Ltd.

: 1: What are foreign bonds?

From the perspective of product types, there are four main categories of foreign bonds.

The first is interest rate bonds, which are similar to domestic bonds. China Development Bank Bonds;

Second, credit bonds are generally called corporate bonds or corporate bonds without specific subdivisions because there is no domestic long-term supervision abroad;

Third, asset securities Chemical products, the mortgage bond market is basically the same size as the treasury bond market and much larger than the credit bond market. Traditionally, Chinese investors have basically covered the above three products and have been increasing their investment in mortgage bonds and credit bonds.

Four: Evergrande’s development history

From the foundation of the first project to the expansion in more than 50 cities across the country, Evergrande Real Estate Group adheres to the principle of "creating a brand with quality and creating great achievements with integrity." ” policy, implement target plans and performance appraisal management models, develop on a rolling basis, operate efficiently, and form a strong system competitiveness of the enterprise with the development strategy of “scale + brand”, allowing Evergrande to maintain rapid and steady development and continuously improve its comprehensive strength. It has become a leading real estate company in the country.