时隔3年10个月，地产大佬孙宏斌再度现身开工仪式

Core Viewpoint - Sun Hongbin, the leader of Sunac, made a rare public appearance at the groundbreaking ceremony of the Chongqing Bay project, which is significant for the company's strategic recovery in the real estate sector after facing financial difficulties [1][3]. Group 1: Project Significance - The Chongqing Bay project is a major initiative with a planned area of one million square meters, playing a crucial role in revitalizing the urban landscape of the Nanbin Road area and enhancing the overall image of the Liangjiang area [1][4]. - The project has received strong support from the Chongqing municipal government and the Nanan District government, which have been actively involved in its revitalization [4]. Group 2: Financial Restructuring - Sunac has undertaken significant debt restructuring efforts, including a plan to restructure 10 domestic debts totaling 15.4 billion yuan, which has successfully reduced the domestic debt scale by over 50% and extended the repayment period for the remaining debts up to 9.5 years [7]. - The company has also received approval for a nearly 10 billion USD offshore debt restructuring plan, which will convert all debts into equity, significantly alleviating the overall debt burden by approximately 70 billion yuan and saving tens of billions in annual interest expenses [7][8]. Group 3: Operational Recovery - With the debt burden significantly reduced, Sunac is shifting its focus towards operational recovery, with expectations of more projects being revitalized [8]. - The first tranche of financing from the partnership with China Great Wall Asset Management has already been secured, allowing for the full-scale construction of the Chongqing Bay project to commence, with an expected completion date in early 2026 [8].