China National Enterprise Credit Information Publicity System (Guangdong) shows that Evergrande Real Estate Group replaces chairman, general manager and legal representative.Xu Jiayin is no longer the chairman of Evergrande Real Estate.

According to the Financial Network report, in addition, Ke Peng stepped down as the general manager and legal representative position.The new chairman, general manager, and legal representatives are Zhao Changlong, and their current positions are the executive director and vice chairman of Evergrande Property.

Near people from Evergrande said that this change is the normal change after the end of the Evergrande's backdoor deep house A shares. It does not involve changes in the specific management structure and equity.