Sun Hongbin appeared at the annual meeting of China Fortune Land Development shareholders, saying "the most difficult times are already behind us."

On June 30th, Sun Hongbin, Chairman of the Board of Directors of Sunac China, appeared at the meeting accompanied by two executives, CEO Wang Mengde and CFO and Company Secretary Gao Xi. This was the first time Sun Hongbin had personally attended a meeting since Sunac's crisis. In the previous two years, he had only been "seen" online. According to attendees, during the hour-and-a-half meeting, Sun Hongbin reassured shareholders. The attendees stated that Sun Hongbin talked about Sunac's debt restructuring progress and outlined the company's future development direction, focusing on core cities, building quality projects, and advancing in real estate, property management, and cultural tourism operations simultaneously. When discussing industry trends, Sun Hongbin expressed confidence as usual, saying, "The most difficult times for Sunac are behind us."