Home Business Kaisa’s statement: It is taking measures to solve the problem of overdue payment of wealth products. The company apologizes | Daily Economic News

Kaisa’s statement: It is taking measures to solve the problem of overdue payment of wealth products. The company apologizes | Daily Economic News

by admin

On November 8, Kaisa Group (Shenzhen) Co., Ltd. issued a statement stating that due to Kaisa Group’s liquidity difficulties, wealth products issued by Shenzhen Jinheng Wealth Management Co., Ltd. and guaranteed by Kaisa Group (Shenzhen) Co., Ltd. were overdue. The company apologizes for causing trouble to all investors.

According to the new media of View Real Estate, Kaisa Group is adopting a number of measures to solve the problem with all its strength: extensively solicit investors’ opinions and come up with more feasible redemption plans; speed up the disposal of high-quality assets in Shenzhen, Shanghai and other places, and withdraw funds for use Redeem wealth products; sort out collateralized assets to provide redemption protection for wealth products; accelerate the sales of real estate projects on sale to achieve rapid payment.

At present, the overall asset value of the Kaisa Group is greater than its liabilities, and there are enough high-quality assets that can be processed to provide investors with the follow-up payment of wealth products. In order to work out a more feasible payment plan as soon as possible, investors are urged to give Kaisa Group more time and patience.

At the same time, due to public safety considerations brought about by the new crown epidemic, the investor representative meeting originally scheduled to be held this Wednesday (November 10) was cancelled. Investors are requested not to gather in Kaisa’s office. If you have any demands, you can communicate with the account manager, who will collect and feed back to our company. Kaisa Group will resolutely fulfill its social responsibilities, properly solve the payment problem, improve the payment plan as soon as possible, and announce it to investors in a timely manner.

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