Country Garden Real Estate's equity of 12.3 billion yuan has been frozen.

Tianyan Check's risk information shows that recently, Country Garden Real Estate Group Co., Ltd. added a new equity freeze information. The equity is held in Foshan Yuankang Real Estate Development Co., Ltd., with a frozen equity amount of over 12.3 billion yuan, a freeze period of three years, and the executing court being the Intermediate People's Court of Wuhu City, Anhui Province. Country Garden Real Estate Group Co., Ltd. was established in April 2015, with Jian Nuantang as the legal representative and a registered capital of approximately 15.32 billion RMB. Its business scope includes real estate development and sales, property leasing, and real estate investment consulting. Shareholder information shows that the company is jointly held by Foshan Shunde Zhuohua Investment Consulting Co., Ltd. and Shenzhen Country Garden Technology Development Co., Ltd.