Core Viewpoint - Evergrande Property is in the process of potential share sales as the liquidators of its controlling shareholder, China Evergrande Group, are seeking buyers for its shares, with preliminary discussions underway [1][4]. Group 1: Share Suspension and Liquidation - Evergrande Property announced a temporary suspension of its shares on September 11, 2023, pending the release of insider information related to the company [3]. - The liquidators have been actively seeking opportunities to sell shares held by China Evergrande and CEG Holdings, having signed confidentiality agreements with interested parties [4]. - The liquidators plan to invite selected interested parties to submit final proposals for the potential transaction by November 2025 [4]. Group 2: Financial Performance - For the first half of 2025, Evergrande Property reported revenue of approximately 6.647 billion yuan, representing a year-on-year increase of about 6.9% [6]. - The net profit for the same period was approximately 491 million yuan, with a net profit margin of about 7.4%, a decrease of approximately 0.6 percentage points year-on-year [6]. - As of June 30, 2025, the total managed area by Evergrande Property was approximately 596 million square meters, an increase of about 41 million square meters compared to the previous year [6]. Group 3: Operational Challenges and Strategies - Despite the ongoing liquidation of China Evergrande Group, Evergrande Property is actively managing its operations and has reached agreements with several creditors to defer debt repayments [6]. - The company is implementing cost control measures and enhancing market expansion efforts to improve its operational and financial conditions [6]. - Evergrande Property acknowledges the significant cash pressure it faces due to its net current liabilities, which remains a core challenge for its operations [6][7].
中国恒大新消息！出售恒大物业仍在进行中，恒大物业将复牌