RecentlyEvergrandeThere has been a lot of negative news, not only major problems in the company's operation, but also large-scale public opinion in recent days that its wealth management products cannot be redeemable, but these are only the tip of the iceberg that Evergrande is facing.

On September 13th, China Evergrande Group announced that it is expected that sales will continue to decline sharply in September, resulting in the continued deterioration of the Group's sales rebates, further putting tremendous pressure on cash flow and liquidity.

According to reports, on the day of the announcement,China Evergrande New Energy VehicleIt closed down 24.66 per cent and closed down another 11.31 per cent at HK $3.53 per share, with its market capitalization falling to HK $34.48 billion, more than HK $600 billion from its peak in February.

It should be noted that in China Evergrande New Energy Vehicle's financial report for 2020, China Evergrande New Energy Vehicle invested a total of 47.4 billion yuan, of which 24.9 billion was spent on core technology and R & D investment, and another 22.5 billion was spent on plant construction. At present, this figure has far exceeded China Evergrande New Energy Vehicle's total market capitalization.

At present, China Evergrande New Energy Vehicle is still in continuous investment, with industry analysis, to the actual mass production landing, Evergrande may need to invest tens of billions of real money and silver.

In addition, there was also news that Evergrande was about to enter bankruptcy reorganization. Evergrande Group said in response to this statement that the remarks were completely false, and the company did encounter unprecedented difficulties at present, but the company resolutely fulfilled its main corporate responsibilities and went all out to resume work and production. Protect Jiaolou, do everything possible to restore normal business, and make every effort to protect the legitimate rights and interests of customers.