EGRNF OTC

China Evergrande Group functions as an investment holding company, with its core operations centered on property development throughout the People's Republic of China. The enterprise structures its diverse activities into four principal divisions: Property Development, Property Investment, Property Management Services, and a comprehensive category for Other Businesses. While its primary focus is the construction of residential properties, the company's portfolio extends significantly to include property investment, management, and construction services. Additionally, it engages in a broad spectrum of other sectors, such as new energy vehicles, hotel management, financial services, internet ventures, cultural tourism initiatives, and health-related businesses. Established in 2006 and headquartered in Shenzhen, PRC, the firm was formerly known as Evergrande Real Estate Group Limited before officially adopting the name China Evergrande Group in July 2016. It operates as a subsidiary under the ultimate control of Xin Xin (BVI) Limited.