On April 20, Zhitong Financial APP learned from a number of investors that it had received the principal and interest payment of wealth products issued by Jinheng Wealth and guaranteed by Kaisa Industry (01638). So far, Jinheng Wealth products have successfully completed six tranches of payment, and the overall payment work is stable and orderly. It is understood that Kaisa is actively raising total funds for various issues of wealth products in 2022 through a number of channels, and the overall payment prospects for the whole year are optimistic.

Recently, Kaisa Group has been well-received. On March 29th, Kaisa signed a strategic cooperation agreement with China Railway Fifth Bureau Group in Changsha to promote in-depth cooperation in urban renewal in the Greater Bay area; on April 2nd, Kaisa signed a strategic cooperation with China Merchants Shekou and Great Wall assets to comprehensively promote in-depth cooperation in urban renewal and real estate development, taking the lead in stepping out of the "central enterprise + AMC+ risk-out enterprise" model and stabilizing its business fundamentals.

With the assistance of central enterprises, Kaisa industries have resumed work, production and sales. At present, Kaisa industries have resumed work in Shenzhen, Guangzhou, Beijing, Shanghai, Huizhou, Hangzhou, Foshan, Zhongshan, Zhuhai, Changsha, Wuhan, Chongqing, Chengdu, Hefei, Luoyang, Guiyang and other key projects. The construction of projects affected by the epidemic will also gradually resume with the relief of the epidemic. The industry expects that under the superposition of a series of positive policies, the real estate market is expected to usher in a "small spring" in May and June. The positive self-rescue housing enterprises represented by Kaisa Industry rely on proactive measures to extricate themselves from difficulties, excellent asset advantages, and business fundamentals will continue to improve.