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Evergrande Real Estate Group Limited Changed Its Name into China Evergrande Group

 Date:2016.06.17   Publisher:Evergrande Group

Evergrande Real Estate Group Limited (HK.3333) announced on June 16th that the resolution of the Evergrande Real Estate Group Ltd, the name of the company to be changed to China Evergrande Group had been formally adopted by the board of shareholders.

In recent years, the Company's business has become more diversified, the current business includes real estate, finance, Internet, cultural tourism, health and agriculture and animal husbandry.  Although the real estate industry is still the core business, but the change of name will be able to better reflect the company's diversified business development strategy and corporate identity.

In 2015, the sales of Evergrande Real Estate had exceeded RMB 200 billion Yuan and the sales in first five months this year have reached 110.4 RMB billion Yuan. The growth of performance is great. At the same time, the business development of all of other modules of finance, Internet, cultural tourism, health, and agriculture and animal husbandry have been very fast.

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