Financial reports show that among Chinese real estate agents Huaxia Happiness, a total of 219.2 billion yuan (RMB, the same below, about S $ 42.3 billion) of financial debt, 180.624 billion yuan has achieved debt restructuring through signing and other methods, accounting for the proportion of proportion, accounting for the proportion82.4%.

According to Caixin.com, Huaxia Happiness Published on Friday (April 28) 2022 financial reports also showed that Huaxia Happiness revenue in 2022 was 31.942 billion yuan, a year -on -year decrease of 26.03%; of which, real estate, real estateThe sales revenue was 24.758 billion yuan, accounting for 77.51%of the total revenue.

It is reported that due to the progress of debt restructuring, Huaxia Happiness confirmed the income of 25.704 billion yuan, and in 2022, it achieved a profit on the book.

The financial report shows that Huaxia Happiness was 1.583 billion yuan in net profit in 2022, and in 2021, it lost 39.03 billion yuan.After deducting the impact of non -recurring gains and losses, Huaxia Happiness's operating performance in 2022 is still losing money. At the same time, its net loss after deduction in 2022 was 16.489 billion yuan.

Huaxia Happiness has fallen into a liquidity crisis since the fourth quarter of 2020.In February 2021, Huaxia Happiness established the creditor committee of the Financial Institutional Institutional Council to negotiate the risk resolution plan for the negotiation of matters such as debt exhibition and introducing war investment.The company announced the debt reorganization plan on September 30, 2021, and successively released debt restructuring supplements and debt -to -debt programs in September and December 2022.

According to the overall plan, Huaxia's happy debt restructuring method includes assets with strong sales capabilities; settlement of trust beneficiaries shares; setting up two business platforms, compensation for financial and operating debt with platform equity.

According to the latest progress disclosed in the financial report, Huaxia Happiness has completed the stock transfer agreement of Beijing Fengtai Real Estate Project, Yongqing Industrial New City, Guangyang Industrial New City Platform Company, and Southern Headquarters Asset Pack.In addition, US dollar bonds of USD 4.96 billion (about S $ 6.624 billion) have been reorganized; the two platforms with stock debt -to -debt have compensated financial and operating debt of 10.583 billion yuan.

So far, Huaxia's happy net assets have shrunk by more than 70 %.The financial report shows that the net assets of Huaxia Happiness in 2020 were 91.43 billion yuan, which had decreased to 24.336 billion yuan in 2022.Huaxia Happiness said that the "guarantee of the property" is the current first priority of the company. The company delivered 25,300 houses in 2022, and the house was delivered to 3,494 houses in the first four months of 2023.