Group 1 - The company expects a net loss of between 11 billion to 13 billion yuan for 2024, compared to a loss of 6.847 billion yuan in the same period of 2023 [3] - The increase in expected losses is attributed to a decrease in the total area of delivered properties, leading to reduced revenue recognition from delivered properties, as well as increased impairment provisions for saleable and self-held property projects and trade receivables [3] - The company is currently restructuring its domestic debt, with plans to reference restructuring cases from other companies like Sunac, aiming to launch a new plan by October [3] Group 2 - The company has appointed Haitong International Capital Limited as a financial advisor for managing its offshore debt and is exploring feasible solutions with offshore creditors [4] - The company plans to postpone the payment of principal and interest for certain bonds due in October until the end of October to allow more time to prepare a new plan [3]
融信中国:预计去年净亏损110亿至130亿元,正在对境内债务进行重组