Is Evergrande Finance related to Evergrande Real Estate?

This is very important. Evergrande Finance and Evergrande Real Estate are two subsidiaries of China Evergrande Group, both founded by China billionaire Xu Jiayin. Evergrande Real Estate is mainly engaged in real estate development and sales, and is one of the leading enterprises in the real estate industry in China. Evergrande Finance is a financial service company under Evergrande Group, and its business scope includes consumer finance, wealth management, internet finance and other fields.