标签归档 阿拉上海后花园论坛

Topic: A strong earthquake of magnitude 7.8 occurred in Sichuan.

　　　　　　Many netizens expressed their deep feelings.

　　　　Today, we are all from Wenchuan.

　　　　On May 14th, students of China Renmin University hung paper cranes and greeting cards made by themselves on campus to pray for compatriots in the disaster area. Su Bing

　　　　　

　　　　On May 13th, students in Tsinghua University were actively donating blood. In just three hours, there was a long queue of more than 300 people at the scene. Zhang Bin

　　　　“5? After the 12 "Wenchuan earthquake in Sichuan, the whole country was saddened. At present, the whole country is United and is nervously carrying out life rescue and love relay.

　　　　In the past few days, many netizens have recorded the scenes and pictures of the national disaster relief by means of words, pictures and videos, expressing the common aspiration that "we are all Wenchuan people". Today, we have compiled and distributed several online articles for readers.

　　　　Tears can’t help flowing down.

　　　　At 2 o’clock in the afternoon on the 12th, I stayed in the office and felt a little dizzy. My colleagues all ran to the street. Some people said that there was an earthquake, and at first they thought it was a joke. Later, everyone was talking about it before they were sure that it was really an earthquake.

　　　　So I called my hometown in Badong, Hubei, which is adjacent to Sichuan. My eldest sister said that her family was fine, and the local people felt a strong earthquake. Everyone quickly withdrew from the high-rise building. So I called Enshi’s friends again, and they all felt a strong earthquake, saying that some people fell out of bed during a nap. Fortunately, there were no casualties.

　　　　When I got home, I couldn’t help turning on the internet and TV at the same time, hoping to get the situation in the disaster area, and I kept praying for them. At 7 o’clock in the evening, there was only the disaster around Wenchuan in the news, but there was no Wenchuan. At 10 o’clock in the evening, the live TV broadcast said that the death toll in Sichuan had risen to more than 7,000. Somehow, my heart ached and tears could not help flowing down.

　　　　As of 10: 20 pm, more than 8,500 people have been killed. I am in a state of grief. What can we do at this moment? Maybe it’s not the time to mourn. Let’s lend a helping hand, have money and make great efforts. Otherwise, will our souls be at peace if we are alive and far away from disasters? I hope more compatriots in the disaster area can survive this robbery! I also believe that the strength of our society and country is strong, which will definitely reduce the losses to a minimum and bring hope to the people in the disaster areas!

　　　　-User Yi Jiecao

　　　　Without money, "some blood"

　　　　The news report said that at 11: 20 pm on the 12th, people who came to donate blood lined up to fill the whole street at the blood donation house in Linyin Street, Wuhou District, Chengdu. A man in his 50s said, "Everyone is responsible for earthquake relief. I’m a laid-off worker, so I can’t get some blood without money."

　　　　On the same day, Xinguanghua Street in Chengdu. A middle-aged female medical staff has been busy setting up tents and arranging patients since the earthquake in the afternoon, and has not returned home until 10 pm. The reporter asked, "Do you have children?" Her nose suddenly soured and said, "Yes, at school, I still don’t know how the child is after the earthquake." She finally couldn’t help crying. The reporter asked her what her name was. What’s the child’s name? In which school? She shook her head without answering, wiped a tear and threw herself into her work.

　　　　What is unity is strength? In the face of disaster, we have made the best answer with our own actions. Both the laid-off workers and the unknown medical staff are ordinary people, and they are all using their own actions to interpret unity is strength. It is because of them that we are more confident to win the victory in the earthquake relief struggle.

　　　　Although I am thousands of miles away from the earthquake, I always pay attention to the situation of disaster relief and donate money to the disaster area with my mobile phone. Although personal ability is weak, it can also contribute to earthquake relief.

　　　　In the face of disaster, too many tears are useless. What we have to do now is to do our best to make love and hope surge in the world. The disaster will pass, and our home will be as beautiful as ever.

　　　　-Netizen Lin Weiping

　　　　Save, save and do something meaningful.

　　　　In the past two days, every TV picture from the disaster area and every news of the rising death toll were shocking. Collapsed buildings. Torrential rain The night of fear. Panicked eyes. A bleeding body. Desperate waiting.

　　　　Aftershocks continue, traffic is still blocked, and food and medicine are still in short supply … This is what we know.

　　　　What we don’t know is how many people are still trapped in the ruins, how many children have not returned, and their relatives have not reunited.

　　　　Although thousands of miles away, such concern can no longer make me quiet. In the face of such a disaster, we can’t just sit in front of the TV and be an audience. Early this morning, I rushed to the office and arranged several things: First, we will donate money to the disaster area in the name of the company. Although we are not a big enterprise, we are also "corporate citizens" in China. Second, we should mobilize our employees to contribute. Let employees remember that this is our responsibility and our obligation. Third, to all relatives and friends, colleagues, classmates and customers, send out advocacy, so that everyone can do their part. Fourth, consider setting up a fund for children in disaster areas. In life, we should be thrifty, sing fewer songs, drink fewer bottles of wine and smoke fewer packs of cigarettes, so that every penny can have a greater effect and do more meaningful things.

　　　　If you are with us, if you are thousands of miles away, and if you care about those people like us, please act with us!

　　　　-User Li Zhiqi

　　　　Wenchuan hold on, China come on!

　　　　We withstood the snowstorm during the Spring Festival. The strong earthquake in Wenchuan will not make Chinese fall.

　　　　Hold on, my countrymen! Hold on, my brothers and sisters!

　　　　Fellow citizens, let us stand up straight in the face of disasters, let us persist, because persistence is a kind of strength, and persistence means opportunity and new life.

　　　　We were proud of our motherland when the Olympic torch passed through five continents.

　　　　When the 7.8 earthquake happened, all Chinese was with the people in the disaster area! Please believe that we are with you!

　　　　Extend your hands and mine, and contribute everyone’s strength. Perhaps one person’s strength is small, but gathering together is the backbone of our Chinese nation!

　　　　At this moment, 1.3 billion Chinese needs the same voice ―― Wenchuan stands up and China comes on!

　　　　My deepest concern and blessing to the people in the disaster area. I wish you all an early recovery from the disaster and rebuild your homeland.

　　　　Pay high tribute to the officers and men of the People’s Liberation Army and the Armed Police who fought in the forefront of emergency rescue, please!

　　　　The cold of two people together may be only a slight temperature, but the slight temperature of two people together is not afraid of the cold.

　　　　Wenchuan hold on, China come on!

　　　　-Netizen Xu Yang

　　　　Disaster makes us stronger.

　　　　In the face of this earthquake, the whole country took action, united as one in times of crisis and helped each other in times of difficulty. Zhongnanhai stayed up all night, and Premier Wen was in the front line day and night; At night, nearly thousands of Chengdu citizens gathered at the blood donation point to donate blood to the people in the disaster area, and the team was nearly 200 meters long; Thousands of people’s soldiers are moved at the news. For example, heavenly soldiers will gather in the disaster area to save lives … On TV, in newspapers and on the Internet, touching scenes shake the soul.

　　　　A great nation has a great spirit. In the face of disasters and difficulties, the Chinese nation has never been too low, showing its indomitable and indestructible great national spirit. For example, fighting against floods in 1998, fighting against SARS in 2003, and fighting against snowstorms in 2008 … Chinese defeated natural disasters again and again with practical actions.

　　　　Today, the earthquake has brought people pain and sorrow, but the people’s firmness and determination are unprecedented. Some people posted on the Internet to cheer for the people in the disaster areas, some donated money and materials in various ways, some queued up to donate blood for the injured victims, and some even took risks to inform and transfer the people regardless of their personal safety …

　　　　The touching scene of "one side is in trouble and all sides support" continues, and the strength of national unity and struggle is condensing. Tomorrow, we will win the earthquake relief, and we will tell the world once again with practical actions that the Chinese nation is indestructible.

　　　　-User Qiu Baixing

Editor: Li Xingcun

△ On August 20th, at the intersection of xiao yue Road in Nan ‘an District, rescuers rescued a 2-year-old boy from a hotel. Special Photography Guo Xu/Visual Chongqing

△ On August 20th, Baisha Town in Jiangjin transferred the trapped people. Correspondent Su Shengyu photo/visual Chongqing

Chongqing Daily reported, "If the flood does not recede, we will not withdraw, and we must ensure everyone’s safety."

Weinan urgently transferred and evacuated 32,000 people to achieve "zero casualties"!

Shapingba Ciqikou has no casualties!

……

On August 20th, the flood peak of "No.2 flood of Jialing River in 2020" and "No.5 flood of Yangtze River in 2020" passed through the main city of Chongqing. This flood is the biggest flood in the upper reaches of the Yangtze River since the flood season this year, and it is also a rare catastrophic flood in Chongqing history. In order to protect people’s lives and property, Chongqing launched the first flood control level I emergency response since records began, and the whole city mobilized and acted quickly to devote itself to flood control and disaster relief.

Scientific scheduling runs before "flood season"

Establish a three-level flood control and emergency command system

The floods in Jialing River and Yangtze River appeared one after another, and the tests followed. How to reduce disaster losses as much as possible, scientific dispatching of flood control projects is one of the key links.

On August 19th, Chen Miner, secretary of the Municipal Party Committee, once again inspected the flood control work of No.5 Yangtze River flood and No.2 Jialing River flood passing through Chongqing. He stressed that it is necessary to thoroughly implement the spirit of the important instructions of the Supreme Leader General Secretary on flood control and disaster relief, fully implement the deployment requirements of the CPC Central Committee and the State Council, always adhere to the people first, put life first, work in a highly responsible and vigilant state, strengthen scientific dispatch and response, deepen the investigation and management of hidden dangers, do a good job in emergency rescue, go all out to win the tough battle of flood control and disaster relief, and strive to minimize the losses caused by disasters.

In the evening, according to the flood development, Chen Miner and Tang Liangzhi, deputy secretary of the municipal party committee and mayor, once again consulted and dispatched the flood control and disaster relief work in the whole city, and made arrangements for further strengthening flood control measures.

A flood is an order.

"Chongqing has established a three-level flood control and rescue headquarters command system from the city to the districts and counties to the risk points of weak links." Ran Jinhong, deputy commander of the Municipal Flood Control and Drought Relief Headquarters and director of the Municipal Emergency Management Bureau, said that the smooth command system from top to bottom allowed Chongqing to be as busy as a finger even in the face of a major flood.

On the morning of August 16th, the Municipal Flood Control and Drought Relief Headquarters organized the flood control and drought relief headquarters offices of 15 districts and counties along the Fujiang River, Jialing River and Yangtze River, and the relevant persons in charge of the Municipal Water Conservancy Bureau, the Municipal Meteorological Bureau and the Hydrological Upstream Bureau of the Yangtze River Committee to hold a flood control video dispatching meeting, so as to construct the command system of the three-level flood control and rescue headquarters at the risk points of cities, districts and counties and weak links.

Since August 16th, the Municipal Flood Control and Drought Relief Headquarters has sent nine working groups to 15 districts and counties along the Fujiang River, Jialing River and Yangtze River to fully guide and assist the local government and relevant departments to organize personnel to carry out safety inspections, rectify hidden dangers, set up warnings and transfer personnel.

On the evening of the 18th, the reporter saw that the emergency field headquarters of Shapingba District was built on Shabin Road. In the tent of the headquarters, several firefighters are resting on sleeping bags, and rubber boats are placed outside the tent. "As long as the headquarters gives an order, firefighters can immediately invest in the rescue." Jiaping Zhao, director of Ciqikou Street Emergency Office, said.

It is understood that the city also scientifically dispatches multi-departmental coordinated operations. The 62 water storage reservoirs under the jurisdiction of the Municipal Water Investment Group carry out flood dispatching plans as required, and give full play to the peak-shaving ability of the reservoirs and participate in emergency flood control on the premise of ensuring the safe and stable operation of the reservoirs.

Chongqing Water Conservancy Bureau contacted the Yangtze River Defense Bureau, Sichuan Water Resources Department and other units to jointly dispatch the Three Gorges Reservoir, Tingzikou, Xiluodu, Xiangjiaba and Chongqing Caojie Power Station in stages according to their rights and responsibilities, in an effort to alleviate the flood control pressure in the central city of Chongqing.

Traffic patrol, maritime department, etc. issued relevant traffic control …

Scientific early warning should also run before the flood season. Water conservancy and hydrological departments at all levels in Chongqing closely monitor the changes of water regime and broadcast early warning on a rolling basis. At Fisherman’s Bay Wharf in Jiangbei District, Chongqing, Fan Yuandong, deputy director of the Agricultural and Rural Committee of Jiangbei District, who participated in the rescue, heard the mobile phone ticking, and the warning of flood control and water regime of rivers came over. "I want to keep an eye on the changes of flood water level outside the pier, and run to the rescue site every hour to inform everyone." Fan Yuandong said.

People first, life first.

Go all out to ensure the safety of people’s lives

On the morning of the 19th, the floods of Jialing River and Yangtze River struck, and some districts and counties along the Yangtze River in Chongqing greatly exceeded the guaranteed water level, and a large number of roads, shops and residential buildings in Linjiang were flooded. The city’s flood control and disaster relief entered the most critical moment, and all kinds of disaster relief teams in the city adhered to the front line and moved when they heard of the flood, effectively ensuring the safety of people’s lives and property.

In the street of Fishing Town in Hechuan District, 84-year-old resident Yang Xuejun was transferred from the assault boat, holding the fireman’s hand tightly and saying "thank you" repeatedly. Yang Xuejun’s family lived on the fifth floor. At first, they thought that the flood could not rise, but they knew that the incoming water was very fierce and flooded the first floor. The whole family suddenly panicked. "We quickly called the community cadres for help in the morning. In less than an hour, the rescue team drove the assault boat and successfully picked up the whole family." Yang Xuejun said.

From the night of 19th to the early morning of 20th, Shapingba ciqikou ancient town ushered in the strongest flood peak this year. District-level and street cadres, public security police, volunteers and other forces are all mobilized and on duty overnight to ensure the safety of the people. A 70-year-old man is sick and needs oxygen treatment at home on weekdays. The rapidly rising flood has trapped the old man at home. Taking off his rain boots and rolling up his trouser legs, Zhao Jianghong, a municipal team member, picked up the old man without saying anything, and with the help of several colleagues, he safely transferred the old man out of his home. As of noon on the 20th, Hongfeng successfully passed through Ciqikou, and no one was killed or injured.

At 16: 30 on August 19th, two people in Guojiatuo Luoqi Temple community in Jiangbei District were trapped in a residential building on the edge of the Yangtze River. The local assault boat failed to carry out rescue, and urgently requested support from the Municipal Emergency Management Bureau. The Municipal Emergency Management Bureau immediately dispatched two helicopters and successfully rescued two people around 19: 00.

When the flood peak came, the officers and men of the armed police, the public security police, the fire rescue corps, the militia and so on devoted themselves to the rescue and disaster relief battle, investigated the potential safety hazards, rescued the evacuated people and transferred the trapped materials.

At about 5 pm on August 19th, Ceng Hua and Wu Wei, militiamen in Banan District who had not slept for more than 24 hours, went to Jiangbin Road in Yudong Street to rescue them. Because of the complicated situation, they could not take a ladder, so they used their shoulders as life-saving ladders to build a "life path" for the trapped residents.

More than 20 people turned over the railing of the balcony on the second floor in turn, one step at a time, and arrived at the rescue assault boat steadily.

"I’m too fat to step on it."

"Nothing, step on it!"

During the rescue, a fat resident once couldn’t bear to step on the militia’s shoulder, and was relieved several times before he climbed over the railing.

On the assault boat, the residents discovered that the camouflage uniforms of the six rescuers on board were all wet.

"Thank you!" After arriving in safety, a rescued little girl stood on the shore and kept bowing to the militia.

We won’t evacuate until the flood recedes.

Build a "strong dam" for flood control and fighting."

In the face of the flood, grass-roots party organizations and cadres in party member held their positions, charged at the front line and fought at the forefront, and carried forward the style of continuous fighting without fear of fatigue, so that the flood did not retreat and the team did not withdraw, in exchange for the people’s peace in the city with their own hard work.

Xu Yang, the platoon leader of the water rescue platoon of the People’s Armed Forces Department of Hechuan District, who participated in the rescue and disaster relief in Fishing Town Street, has not rested for several days. A few days ago, while helping the masses to transfer materials, Xu Yang’s head was smashed and he had three stitches. When the reporter interviewed him, Xu Yang was still wrapped in tape, and just took a baby to safety. "If the flood does not retreat, we will not withdraw, and we must ensure the safety of everyone."

On the morning of 19th, in the bazi at the entrance of Ciqikou Folk Museum, No.68 Cizheng Street, Shapingba, Zhang Niangniang, who lives in Jinrong Lane, took care of her old mother with Alzheimer’s disease while packing up her newly moved household belongings.

"I didn’t expect the water to rise so high. We didn’t move it until after 6 am." Zhang Niangniang said with some terror.

Two days ago, community cadres came home to inform them that the flood peak would cross the border and the water level would be very high. The night before, they knocked on the door to inform them. "Our home is generally not flooded." Zhang Niangniang told reporters that this kind of luck made her sleep at home with her mother who was over 90 years old. It was not until after 3 am that the water rose and she panicked.

Fortunately, at this time, the community cadres who gave the door-to-door warning knocked at the door again. When they saw it, they quickly informed the two people to move out Zhang Niangniang’s household appliances and beds before the flood entered the house.

"At that time, it was not bright, and the scene was very chaotic. I forgot to ask the cadre’s name." Zhang Niangniang said with some loss, "I only remember that he wore a party emblem on his chest!"

Extraordinary floods, which are rare in history, have also attracted a large number of citizens to watch the rising water along the Yangtze River. At about 12 noon on the 19th, the reporter saw in Chaotianmen Square that the down stairs had pulled up the warning line, and the small horn sounded incessantly, but there were still many citizens around the railings around the square to watch the water and take pictures. From time to time, the staff came forward to persuade: "Please don’t lean against the railing to take pictures, it’s dangerous!"

Yuan Biliang, deputy director of Chaotianmen Sub-district Office, said that in order to ensure the safety of people’s lives, the street has deployed all the personnel who can be deployed to watch the water along the river and evacuate the citizens. There are only five watch points around Chaotianmen Square, and more than 100 people are dispatched from streets, communities, volunteers, law enforcement teams and emergency militia. The total number of duty points in Chaotianmen Street is 20, involving 4 communities along the Yangtze River, and the total number of duty staff exceeds 420.

Chongqing Daily reporter Cui Wei Luo Wei Yan Ruowen Li Yuanyuan Yang Nizi Xia Yuan Chen Guodong

Original title: Building a solid defense line to protect life safety-Chongqing fully responds to the flood peaks of the Yangtze River and Jialing River.

[Disclaimer] The texts, pictures, audio and video that are not marked with "Source: Upstream News-chongqing morning post" or "Upstream News LOGO" on the upstream news client are all reposted. If the reposted manuscript involves copyright issues, please contact the upstream news.

foreword

On August 10th, Country Garden suddenly issued a profit warning, predicting a net loss of 45 billion to 55 billion yuan in the first half of the year. This is mainly due to the decline in sales in the real estate industry, the decline in business gross profit margin, and exchange losses.

In the past years, Country Garden’s net profit has remained at the scale of 10 billion yuan, and this large loss is unprecedented. Country Garden executives apologized for this and promised to turn the crisis into an opportunity. But for many investors, these apologies can’t dispel their doubts. Overinvestment in third-and fourth-tier cities and large-scale layout failure seem to be the root cause of Country Garden’s predicament.

Country Garden’s net loss in the first half of 2022 may reach 55 billion.

The real estate market continues to be sluggish, and the industry’s leading enterprises are also doomed. Recently, Country Garden, one of the top 100 A-share real estate enterprises, announced that the net loss in the first half of 2022 is expected to be as high as 55 billion yuan, which is about 57 billion yuan more than the same period last year. Under the background that the whole industry is in trouble, even the strong can’t be immune.

Country Garden’s main business covers many cities across the country, covering residential, office and other sectors. Over the years, its sales scale ranks among the best in the industry. However, under the double pressure of repeated epidemics and tightening macro policies, Country Garden can’t escape the bad luck of sales decline generally faced by housing enterprises.

According to public data, from January to July 2022, Country Garden achieved sales of about 140.8 billion yuan, down 35% year-on-year, and nearly 60% lower than that in 2021. In July alone, sales plummeted by 78% year-on-year, and fell for the fourth consecutive month. The sharp contraction of sales directly leads to the loss of performance, and the decline of gross profit margin is also an important factor.

In addition to sales, the exchange loss caused by the fluctuation of RMB exchange rate and the increase of the impairment loss of the stock property value have also increased the loss pressure of Country Garden to some extent. More seriously, in the downturn of the industry, it is difficult for leading enterprises such as Country Garden to solve the liquidity pressure through financing.

Despite the difficulties, Country Garden is still actively fulfilling its corporate responsibilities. As a big industry, it holds more than 1 million properties to be delivered. It is reported that in 2022, Country Garden completed the delivery of 700,000 sets, ranking first in the industry. Country Garden is also brave in protecting the interests of owners.

The epidemic has repeatedly cast a shadow over the recovery of housing enterprises, and the tightening of macro policies has made it even worse. Under the superposition of these two unfavorable factors, even the top leading enterprises in the industry can’t escape the bad luck of a sharp decline in sales. The data shows that in the first half of 2022, Country Garden’s sales plummeted by nearly 30% year-on-year, and it shrank by more than 50% compared with 2021. This directly dragged down the overall performance of Country Garden.

In addition to the sharp contraction of sales, the fluctuation of RMB exchange rate has also brought some exchange losses to Country Garden. In addition, in the environment of the industry’s continuous downturn, Country Garden’s stock property will inevitably face certain pressure of value impairment, which will also have a negative impact on profit and loss. It can be said that the chronic diseases that plague the whole industry also afflict this A-share top 100 housing enterprises to varying degrees.

Super-large-scale Layout —— An Interpretation of Country Garden’s Loss

In the long run, the real estate industry is a cyclical industry. During the boom period, enterprises can easily fall into the strange circle of over-expansion. Once the industry falls into the cold winter, the tests faced by enterprises are far beyond the norm. Country Garden’s expected heavy losses are precisely the dilemma that an industry giant has encountered under the dual pressure of expansion and financing.

If blind optimism during the period of rapid growth is one of the reasons leading to today’s dilemma, then rashly promising high return on investment has also laid a hidden danger for enterprises. Over the years, Country Garden has used its dominant position to promise generous returns in exchange for financial support. However, at the moment when the growth rate of the industry is slowing down, these commitments become difficult to achieve, which has an impact on the cash flow and credit of enterprises.

At this point, the profound reflection of Country Garden management is particularly valuable. They admit that they don’t know enough about cyclical changes, and the third-and fourth-tier cities are over-expanding and withdrawing in time. The whole industry has also fallen into an unprecedented dilemma-the tightening of land supply has led to soaring prices, support policies have stimulated overheating of the market, and vicious competition among developers has formed a vicious circle.

At present, China’s economy is facing a new round of reform. In this context, the real estate industry needs profound reflection and adjustment, and developers need to examine their own models. In the short term, self-help should be taken by improving efficiency and adjusting structure. In the long run, it is necessary to treat cyclical characteristics rationally and avoid excessive optimism. When the policy and market environment change, it is the way for housing enterprises to maintain long-term stability to remain cautious and resilient.

However, behind the financial report, we should also pay attention to the internal governance and risk management of enterprises. Over the years, Country Garden’s senior management has a low shareholding ratio, and the incentive and restraint mechanism is flawed. At the same time, enterprises rely too much on debt financing and fail to supervise project selection and cost control, which makes it difficult for a large number of projects in third-and fourth-tier cities to recover their costs. The deep-seated reasons of these problems are related to the imperfect checks and balances mechanism of corporate governance.

At the moment when the downward pressure on the real economy is increasing, not only Country Garden, but also many highly leveraged enterprises are facing the test of credit risk. From this point of view, behind the dilemma is the problem of excessive debt leverage and insufficient risk supervision in the whole society. In the future, not only enterprises themselves need to reflect and adjust, but also it is urgent to guard against systemic risks at the macro level.

The dilemma of Country Garden is not only a case of an enterprise, but also reflects the characteristics of an era. In the face of changes, developers and the whole society should remain sober, prudent and resilient. Only by deep reflection can we create a way out.

The transformation of the real estate industry continues. In the short term, the market environment may still be difficult to completely reverse. But in the long run, the growth of human settlement demand is an inevitable trend. Grasping the new direction and conforming to the new trend, housing enterprises still have broad development space. Only by continuous innovation and Excellence can we create a new situation in the changing situation.

tag

According to relevant reports, Country Garden has recently faced some short-term liquidity problems, including the pressure of repaying debts and paying coupons. However, in the long run, the real estate market in China is facing deflation, and the operating environment of housing enterprises is becoming increasingly severe. Whether Country Garden can successfully resolve the current predicament remains to be seen.

Country Garden has a heavy position in low-tier cities, which has a great impact on its performance in the cold winter of the industry. It actively disposes of its assets to pay its debts, showing its sense of survival. At present, there are still many questions about whether Country Garden can successfully control all kinds of uncertainties and achieve a smooth transition.

Do you think Country Garden can come back to life? Welcome to leave a message in the comments section.