August 4th.
Evergrande Group
made a dramatic announcement that it had terminated its previous cooperation agreement with the purchaser. The move resulted in Guangzhou
Evergrande (name)
The land use rights of the soccer stadium site were returned and the purchaser was required to pay a total of RMB 5.52 billion as a refund of the land premium.
original
Evergrande (name)
The soccer stadium is planned to accommodate 100,000 spectators, covering an area of about 150,000 square meters, with a total construction area expected to reach 300,000 square meters and a total investment of more than 12 billion RMB. The stadium will be built in accordance with the world's top standards and is expected to be the world's largest, highest-grade, best-equipped, most technologically-advanced, and highest-seating international top professional soccer stadium.