What is China Evergrande?
{{Infobox company | name = China Evergrande Group<br />{{nobold|{{lang|zh-hans|中国恒大集团}}}} | logo = Evergrande Group logo.svg | type = Public | traded_as ={{hkex|3333}} | foundation = {{Start date and age|1996}} | founder = [[Xu Jiayin]] (Hui Ka Yan) | location_city = [[Shenzhen]], [[Guangdong]] | location_country = China | location = | origins = | key_people = [[Xu Jiayin]] (Chairman) | area_served = [[Mainland China]] | industry = [[Real estate]] | products = | services = | revenue ={{increase}} {{CNY|507.250 billion|link=yes}}<ref name=fy>{{Cite web|title=China Evergrande Group financials|url=https://finance.yahoo.com/quote/3333.HK/financials?p=3333.HK|access-date=31 May 2021|website=finance.yahoo.com|language=en}}</ref><br>(US$77.713 billion, 2020) | operating_income ={{decrease}} {{CNY|63.520 billion}}<ref name=fy/><br>(US$9.732 billion, 2020) | net_income ={{decrease}} {{CNY|8.076 billion}}<ref name=fy/><br>(US$1.238 billion, 2020) | assets = {{increase}} {{CNY|2,301 trillion}}<ref name=fy/><br>(US$306.410 billion, 2020) | equity = {{decrease}} {{CNY|350.431 billion}}<ref name=fy/><br>(US$53.687 billion, 2020) | num_employees = 123,276<ref>{{cite web|url = https://finance.yahoo.com/quote/3333.HK/profile?p=3333.HK|title = China Evergrande Group profile|website=finance.yahoo.com}}</ref> (31 December 2020) | parent = | divisions = | subsid = Hengda Real Estate | owner = | company_slogan = | homepage = {{url|https://www.evergrande.com/}} }} The '''China Evergrande Group''' is the second largest [[property developer]] in China by sales.<ref>{{cite web |url=http://www.scmp.com/business/article/2058764/evergrande-draws-eight-strategic-investors-shenzhen-listing |title=Evergrande draws eight strategic investors for Shenzhen listing |date=2 January 2017| work=[[South China Morning Post]]}}</ref> It is ranked 122nd on the [[Fortune Global 500|''Fortune'' Global 500]].<ref name=fortune500>{{cite news |title=China Evergrande Group Fortune Global 500 |url=https://fortune.com/company/china-evergrande-group/global500/