The suspension of multiple projects under the financial difficulties of China Evergrande Group, which has recently confiscated 11 land skin by local governments for free.

Comprehensive viewpoint network, financial networking agency, and Reuters reports, Wuhan Jiangxia District Natural Resources and Planning Bureau issued a logging out on Friday (November 18) to cancel the state -owned construction of Wuhan Bangcheng Investment Co., Ltd.Announcement of land use rights announcement, the Jiangxia District Government last Wednesday (November 16) in accordance with Article 19 of the Implementation Rules of the Interim Regulations on Real Estate, 11 unused recovery of Wuhan Bangcheng Investment Co., Ltd.State -owned land use rights, these land consisting of residential land plus commercial use of land, with a total land area of 1.5428 million square meters, or about 2314.2 acres.

Wuhan Bangcheng Investment Co., Ltd. was originally held by Jiakai City Group. In July 2017, it was sold for a low price of RMB 3.039 billion (S $ 587 million).At the end of August of the same year, Evergrande Tourism, a subsidiary of China Evergrande Group, was purchased for RMB 5.6 billion, and the project was renamed from Wuhan Bayang City to Evergrande Science and Technology Tourism City.It's right.

Evergrande has been confiscated by China Evergrande. Haihua Island, Hainan, Hainan, Hainan, was ordered to demolish 39 buildings at the end of last year.Change to confiscation of relevant assets.

In August of this year, Evergrande Return to Guangzhou Evergrande Football Place Land use rights, and the Guangzhou Planning and Natural Resources Bureau paid 5.52 billion yuan to pay the Gold Return, which deposited into the government designated.Special regulatory account.