Throughout history, many heroes and heroes have been reluctant to be nearing their fate and shouted the heroic saying "Borrow 500 years from the sky." In June this year, a petition was filed with the Hong Kong High Court for liquidation of China Evergrande Group.

Time is money, this sentence will never go out of date. Throughout history, many heroes and heroes have been reluctant to be nearing their fate and shouted the heroic saying "Borrow 500 years from the sky."

In June this year, (a company located in the Pacific Samoa Island) filed a petition to the Hong Kong High Court for liquidation of China Evergrande Group.

Recently, Evergrande issued an announcement saying that the High Court approved the company's application for extension on September 5, 2022, and the hearing of the petition will be postponed to November 7, 2022. In other words, Evergrande, which has Xu Jiayin , has received more than two months of life extension.

Xu Jiayin's Evergrande temporarily won time, and Sunac China led by is in trouble again.

Some media reports that Sunac China Holdings Co., Ltd. issued an announcement stating that it had received a petition for liquidation of Sunac China submitted by Chen Huaijun to the High Court of the Hong Kong Special Administrative Region, with the content related to the company's outstanding repayment of the priority notes it held by , involving a principal of US$22 million and accrued interest.

Like Evergrande's attitude, Sunac China will strongly oppose the petition. However, in view of the impact of Article 182 of the Company Winning Up Ordinance, the Board of Directors of Sunac China would like to remind Sunac China shareholders and potential investors that Sunac China made its on or after the start date without the High Court’s approval order The transfer of shares will be invalid.

At the same time, Sunac announced the progress of debt restructuring and plans to announce the debt restructuring plan before the end of the year; the assets and liabilities are huge, and debt restructuring will take a long time. The longer the debt restructuring time, the greater the risks faced by the company.

really responds to the old saying, when times come, the world and the world work together, and heroes are not free.

Recalling back then, Sun Hongbin was named " White Knight " by netizens. At that time, Sun Hongbin was in a Chinese shopping mall. He threw 15 billion yuan in his left hand at LeTV , and 63.1 billion yuan in his right hand to save Wanda from danger. HNA, Yurun , etc. were all helped by Sun Hongbin. Sun Hongbin is a business tycoon.

However, the good times did not last long. Last year, China's real estate industry entered a downward cycle. Large real estate companies like Evergrande were the first to announce the burst .

In fact, when Evergrande announced the storm in the first half of last year, Sun Hongbin had all the time to adjust Sunac's strategy, but unfortunately, Sun Hongbin misjudged this round of trend in the real estate industry. At that time, Sunac not only did not take measures to reduce debt, but instead acquired land with large amounts and eventually missed the best self-rescue period.

In May this year, Sunac announced a storm due to the inability to repay its 4 billion debt on time. You know, Sunac is a real estate company with annual sales of about 600 billion yuan, but now it can’t even make a mere 4 billion yuan. Isn’t this a pity?

Gongzi Chun said before that Sun Hongbin is the most charming among the Chinese real estate tycoons. Because Sun Hongbin's life experience is legendary enough.

In the early years, Sun Hongbin made achievements in Lenovo and then entered the real estate industry. Shunchi is Sun Hongbin's first real estate company. Shunchi was once glorious, but Shunchi's capital chain broke due to its rapid expansion, and eventually Sun Hongbin closed the company.

Sun Hongbin has had a successful experience of "making a comeback". For this reason, many netizens believe that Sunac should be able to survive this crisis this time.

is not actually Chun Gongzi’s dislike of Sunac. It’s really that this real estate industry crisis is different from the past few times. This time it will last for a long time. Even though Sun Hongbin and Xu Jiayin have the ability to turn the tide, time is not on their side.

So, Sun Hongbin, who is 59 years old, actually really has no chance to make a comeback. But no matter what, Sun Hongbin’s life experience is worth learning from!