Evergrande Motor announced on the HKEx on the evening of January 1, 2024 that the Newtown Group Subscription Agreement and the Debt-to-Equity Subscription Agreement had lapsed on December 31, 2023.。However, Evergrande said that the contracting parties to the Newton Group Subscription Agreement and the Debt-to-Equity Subscription Agreement, as well as certain stakeholders, have been and will continue to consult on amending certain key terms of the proposed transaction and debt-to-equity conversion.。

Recently, China Evergrande HKEx announced that as of June 30, 2023, the Group had total liabilities of $2,388.2 billion, excluding contractual liabilities of $6,039.After 800 million yuan, it was 17,842.200 million yuan。Of which: borrowing RMB 6,247.700 million yuan, trade accounts payable and other payables of RMB 10,565..700 million yuan (including engineering materials payable of RMB 5,961..700 million yuan), other liabilities of RMB 1,028..800 million yuan。

On the evening of August 21, China Evergrande disclosed the key findings of an internal control assessment and review of certain issues raised by its former auditors.。Announcement mentions potential off-balance sheet liabilities of China Evergrande。Since August 2021, due to the difficulty of payment, the fixed financing products have completely stopped selling to the outside world.。According to the Group's statistics, the total amount of funds raised from the launch of the fixed financing products to the suspension of sales involved about 92.1 billion yuan.。As of December 31, 2021 and December 31, 2022, the outstanding principal and interest amounted to approximately $41 billion and approximately $34 billion, respectively.。