yes.

recently, sunac publicly apologized that its $741.6 million debt was not expected to be repaid, which caused quite a stir in the real estate circle. This has already exceeded the grace period, which shows how difficult it is for Sunac now. In addition, the previous delivery period has been postponed repeatedly, and the purchase deposit is difficult to retreat. We can already see the clues. Now Sunac's public apology proves that Sunac can no longer support it.

sunac China is located in Caoshan, China. It originally wanted to build an international leisure resort city with the help of its natural geographical location. However, due to various reasons, Sunac's project cannot be delivered for the time being.