On August 26, a news about the internal adjustment of Evergrande Group quietly spread in Beijing time. Soccer newspaper disclosed that Evergrande Group is brewing a major personnel changes, plans to move some of the functional departments and employees from Shenzhen to Guangzhou, the preparatory work for this initiative has been initiated, and the list of relevant personnel on the 25th has been summarized by the departments to the group headquarters.
According to internal sources, Evergrande's senior management and core departments relocated to Guangzhou, mainly focusing on the future and the Guangdong Province, the relevant institutions of the convenient docking. After all, at present, many employees need to run between the state-owned departments in Guangzhou on a daily basis.
According to media reports, Guangzhou state-owned enterprises such as Guangzhou Urban Investment and Yuexiu have started to take over some of Evergrande's projects one after another. For example, Evergrande's stadium and ancillary facilities in Panyu, Guangzhou have been transferred to Guangzhou City Investment, while Yuexiu has also announced the acquisition of Evergrande's headquarters building in Hong Kong.
