Announced by China Evergrande Group (03333.HK) on 16 August in Gelonghui, reference is made to the press release of the Financial reporting Bureau (FRC) dated 15 August 2022 concerning the company and its subsidiary Evergrande Property Services Holdings Limited ("Evergrande Property Services").
According to the press release, FRC:
(1) inquiries have commenced on Evergrande Property Services's financial statements for the year ended 31 December 2020 and for the six months ended 30 June 2021; and
(2) to expand the scope of existing inquiries into the company's financial statements for the year ended 31 December 2020 and for the six months ended 30 June 2021.