Zou Lan said that the total assets of Evergrande Group exceed 2 trillion, of which real estate development projects account for about 60%, and more than 1,000 project subsidiaries involved in/kloc-0 are independent legal persons. In recent years, this company has been poorly managed and failed to operate prudently according to the changes in the market situation. But blindly diversified expansion, leading to a serious deterioration of business and financial indicators, and finally the risk broke out. Among the total liabilities of Evergrande Group, financial liabilities are less than one third. Creditors are also scattered, and the risk exposure of a single financial institution is not large. On the whole, its risk spillover to the financial industry is controllable.
He responded that the problem of Evergrande Group is an individual phenomenon in the real estate industry. After the macro-control of real estate in recent years, especially after the establishment of a long-term real estate mechanism, the land price, house price and expectation of the domestic real estate market have remained stable, most real estate enterprises are operating steadily, their financial indicators are good, and the real estate industry is generally healthy.