At present, Evergrande is facing a comprehensive liquidity crisis, and commercial bills and bank loans cannot be cashed.
The products sold by Evergrande Wealth Management are nominally financed by its suppliers from investors, and the creditor-debtor relationship does not include Evergrande. However, because the repayment funds of suppliers come from Evergrande's ability to pay the overdue project funds, and Evergrande is also the guarantor of financing, it is essentially the money that Evergrande owes investors, so it is difficult to get financial management.