Core Viewpoint - Evergrande Property has received a letter from the liquidators of China Evergrande Group and CEG Holdings Limited regarding potential share sales, indicating ongoing efforts to find buyers for its shares [1][4]. Group 1: Company Developments - The liquidators are seeking opportunities to sell shares held by China Evergrande and CEG Holdings, having signed confidentiality agreements with interested parties [4]. - As of September 11, 2025, the company has applied to resume trading on the Hong Kong Stock Exchange [4]. - The current actual controller of Evergrande Property remains Xu Jiayin [4]. Group 2: Financial Performance - For the first half of 2025, Evergrande Property reported revenue of approximately 6.647 billion yuan, a year-on-year increase of about 6.9%, and a net profit of approximately 491 million yuan [9]. - The net profit margin was approximately 7.4%, a decrease of about 0.6 percentage points year-on-year [9]. - As of June 30, 2025, the total managed area was approximately 596 million square meters, an increase of about 41 million square meters compared to the previous year [9]. Group 3: Market Context - In August 2025, it was reported that the liquidators had engaged UBS and CITIC Securities to find potential buyers for Evergrande Property [9]. - The company is currently facing cash flow challenges and is in a net current liability position, indicating ongoing liquidity pressures [10]. - The company has reached agreements with several creditors to defer repayment of debts, and is actively negotiating revised repayment plans [10].
恒大物业12日9点复牌，公司上半年净赚超4亿元，实控人仍是许家印