Evergrande announced: Return this land
Author:Hubei Daily Time:2022.08.05
On August 4, China Evergrande issued an announcement to return the land use right of Guangzhou Evergrande football field.The announcement showed that on August 3, Evergrande Group signed an agreement with the transferee. Based on this, the original contract was terminated and the group refunded the land use right of the land.EssenceIt is expected that the group will get a loss of approximately RMB 1.255 billion in transfers.
Source: Southern Metropolis Daily
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