Core Viewpoint - The recent revival of Evergrande Wealth's official Weibo account, after seven years of silence, has sparked significant speculation regarding the current state of the Evergrande Group and its founder Xu Jiayin's financial commitments [2][4]. Group 1: Company Status - Evergrande Wealth in Shenzhen is currently listed as a dishonest executor and has failed its annual review, indicating potential operational restrictions [4][8]. - The last update from the Evergrande Wealth account was in March 2018, highlighting a long period of inactivity before the recent post [2]. Group 2: Financial Commitments - Xu Jiayin had previously promised in September 2021, during the initial payment crisis, that investors would not lose their investments, stating, "I can have nothing, but the investors of Evergrande Wealth cannot have nothing!" [4][6]. - Despite these assurances, over two years later, investors have yet to receive their full returns, raising concerns about the fulfillment of these commitments [6][8]. Group 3: Impact on Stakeholders - The ongoing financial crisis of Evergrande Group not only threatens the company's survival but also affects countless families who invested their life savings into Evergrande Wealth products [8]. - The recent developments reflect severe internal management issues within the Evergrande Group, as indicated by the unusual official communication from a company in such a precarious state [4][8].

Core Viewpoint - The recent social media post from Evergrande Wealth has raised significant public interest, particularly regarding the company's ability to repay investors amid ongoing financial difficulties [1][2]. Company Background - Evergrande Wealth Shenzhen, established in November 2015, is a wholly-owned subsidiary of Evergrande Financial Holdings Group, with a registered and paid-in capital of 1 billion yuan [3]. - The company has been listed as a dishonest executor and has faced challenges in repaying its financial products since the second half of 2021, coinciding with Evergrande Group's debt issues [3][5]. Payment History and Adjustments - The initial repayment plan announced in September 2021 included a 10% repayment of due products by the end of the month, with subsequent payments every three months [5]. - By December 2021, the company committed to repaying 8,000 yuan monthly to each investor for three months, but the repayment process has not proceeded as planned [5]. - As of May 2023, Evergrande Wealth announced insufficient funds for repayment, and by August 2023, it indicated that asset disposal progress was slower than expected, impacting its ability to repay [5][6]. Legal and Regulatory Actions - In September 2023, law enforcement took action against individuals associated with Evergrande Wealth for suspected criminal activities [6]. - The China Securities Regulatory Commission imposed a fine of 4.175 billion yuan on Evergrande Real Estate for fraudulent bond issuance and information disclosure violations [6]. Recent Developments - In November 2024, Evergrande Wealth warned investors about false information regarding repayment processes and emphasized that updates would come from official police announcements [7]. - Reports indicate that significant debts from the "Evergrande system" are being offered for sale, totaling approximately 11.3 billion yuan across various cities and project types [7][8]. Future Outlook - Analysts suggest that the repayment of Evergrande Wealth's financial products will take time, contingent on the resolution of criminal accountability, asset recovery, and the clarification of debt repayment priorities [8].