What are the five major behaviors to guarantee Evergrande?

Business cooperation, risk management, government policy.

1. Business cooperation: The five major banks have established cooperative relations with Evergrande Group in the past business cooperation. As a real estate enterprise, Evergrande has certain influence and strength in the market. The guarantee relationship between our bank and Evergrande is based on the consideration of commercial cooperation. By providing guarantee support for Evergrande, the cooperative relationship between the two parties will be consolidated.

2. Risk management: As a large financial institution, banks should conduct risk management when doing business with enterprises. If the bank thinks Evergrande has repayment ability and sufficient collateral to support the loan, it will provide guarantee for Evergrande. It can ensure that the risks of banks in lending business are controlled to a certain extent.

3. Government Policy: The China Municipal Government has certain support and concern for the real estate industry. In a specific period, the government will introduce relevant policies to encourage banks to support the development of real estate enterprises, including providing guarantee support. Banks will respond to the government's policy guidance and provide guarantee services for qualified enterprises.