This will be a 'crucial year' for China Evergrande Group to fulfil home delivery to buyers, company Chairman Hui Ka Yan said in a letter to employees on New Year's Day, adding he trusted the firm would be able to repay all its debt.
The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Songto fulfil home delivery to buyers, company Chairman Hui Ka Yan said in a letter to employees on New Year's Day, adding he trusted the firm would be able to repay all its debt.
"I trust firmly, as long as the entire Evergrande staff ... does all the jobs solidly including completing construction, restoring sales, restoring operation, we will definitely be able to ensure home delivery ... repay all kinds of debt and resolve risks," Hui said in the letter dated Jan. 1. The figures compared to 631 projects and 256,000 units in the first 11 months, according to a company filing last month.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Starts 2023 With Multiple 'New Year' Incentives In ChinaThere was a question of whether Tesla's long list of incentives would only apply to the end of 2022. Now, the EV brand is offering more deals in China for 2023.
Read more »
Morning Bid: China in spotlight as 2023 properly gets goingA look at the day ahead in Asian markets from Jamie McGeever.
Read more »
Thousands ring in 2023 at Times SquareThe gloomy and misty weather didn’t deter thousands from flooding Times Square to watch the ball drop for the first unrestricted New Year’s Eve party since 2020.
Read more »
23 Astronomical events to look out for in 2023Stacker compiled a list of 23 astronomical events to observe in 2023 using a variety of news and scientific sources.
Read more »
Snow coming to Utah the first few days of 2023An “atmospheric river” will send several storms across Utah from Saturday through Monday, with several inches of snow in some valleys and several feet in some mountain locations.
Read more »
Where to travel in 2023: The best destinations to visitNew year equals new outlook. Apply this formula liberally to travel planning in 2023.
Read more »