Country Garden is in the spotlight again, but this time not because the sale is hot, but because they have been wound up by a creditor. Fortunately, Country Garden is not a vegetarian, and they are not the kind of company that is slumping. On March 4, Country Garden's official WeChat announced that the company held a monthly group management meeting, and Chairman Yang Huiyan personally attended to cheer everyone up. This posture, at first glance, is to face difficulties and have a hard time with the market!
During the meeting, Yang Huiyan unabashedly pointed out the current cold market. "The whole market is still relatively quiet, and we need to be mentally prepared," she said. This is true, and there is no falsehood. However, calm is calm, Country Garden does not intend to sit still. They are actively seeking the support of ** and financial institutions, and want to form a closed loop of funds to ensure delivery and operation. It seems that Country Garden really wants to turn the tables against the wind!
When it comes to policy support, this is good news. Recently, the coverage of the "white list" for real estate financing has continued to expand, and Country Garden has 217 projects in it. That's a godsend! With these policy supports, Country Garden's projects are expected to receive more financial support, promote delivery guarantees, revitalize assets, and enhance the sustainable operation of the project. This is really good news, it seems that Country Garden is really going to rise this time!
Of course, in the face of market challenges, Country Garden also has its own coping strategies. They are doing their best to ensure delivery, stabilize operations, and try to resolve the crisis. Moreover, they also have a very good team to work with them through difficult times. Such a team is really admirable!
Yang Huiyan also emphasized the company's core competitiveness. She said that it is necessary to think about how to enhance the company's core competitiveness and make the company's moat stronger and stronger. This is not empty words, she wants to do it with real knives and guns! She believes that the problems that the company is facing now are consistent with the industry. In the short term, it is a liquidity problem, and in the medium and long term, it is a problem of balance sheet repair. It seems that Country Garden is ready to solve the problem fundamentally, which is really exciting!
As for the winding-up petition, Country Garden is not afraid. They said they would seek legal measures to resolutely oppose the petition and take all necessary action to protect their legal rights. This attitude is really tough! They have the strength and confidence to deal with it!