Core Viewpoint - The "Evergrande system" has put 12 companies' non-performing debts on the market, totaling approximately 11.3 billion yuan, with assets spread across major cities and various project types [1][3]. Group 1: Non-Performing Debts - The total amount of non-performing debts from the 12 companies is about 11.3 billion yuan, with all debts held by China Great Wall Asset Management Co., Ltd. Beijing Branch [1][3]. - The projects involved are located in cities such as Beijing, Tianjin, Nanchang, and Chengdu, covering residential, commercial, and cultural tourism sectors [1][3]. Group 2: Specific Debt Examples - In Beijing, a debt from Beijing Hengfangxing Real Estate Co., Ltd. totals 1.387 billion yuan, with principal at 1.186 billion yuan and interest exceeding 200 million yuan [5]. - In Tianjin, one debt from Chengdu Jinjingjiang Real Estate Development Co., Ltd. amounts to 1.675 billion yuan, with principal at 1.48 billion yuan and interest at 195 million yuan [5]. - Another Tianjin debt from Tianjin Shanshui City Investment Co., Ltd. totals 2.477 billion yuan, with principal at 1.366 billion yuan and interest at approximately 59 million yuan [5]. - In Nanchang, a debt from Nanchang Hengfu Real Estate Co., Ltd. totals 604 million yuan, with principal at 510 million yuan and interest at approximately 9.39 million yuan [6]. Group 3: Liquidation Developments - On June 9, China Evergrande announced the appointment of joint liquidators for its subsidiary CEG Holdings, following a court order from the Hong Kong High Court [8]. - The liquidation process aims to preserve the group's assets for the benefit of creditors and other stakeholders [8][11]. - The Hong Kong High Court has ruled that only statutory creditors can participate in the liquidation process, excluding economic interest holders [11].