Evergrande (Chinese property developer)Héngdà恒大founderchuàngshǐrén创始人Hui Ka Yan (Evergrande founder)Xǔ Jiāyìn许家印regarding / on the matter ofjiù就fraud / fraudulent conductqīzhà欺诈and others / et ceteraděng等eight (charges / items)bā xiàng八项criminal chargezuìmíng罪名in / atzài在Shenzhen (city in China)Shēnzhèn深圳to plead guilty / to admit guiltrèn zuì认罪。
Evergrande (Chinese property developer)
Héngdà
恒大
founder
chuàngshǐrén
创始人
Hui Ka Yan (Evergrande founder)
Xǔ Jiāyìn
许家印
regarding / on the matter of
jiù
就
fraud / fraudulent conduct
qīzhà
欺诈
and others / et cetera
děng
等
eight (charges / items)
bā xiàng
八项
criminal charge
zuìmíng
罪名
in / at
zài
在
Shenzhen (city in China)
Shēnzhèn
深圳
to plead guilty / to admit guilt
rèn zuì
认罪
Evergrande Group
Héngdà Jítuán
恒大集团
founder
chuàngshǐrén
创始人
Hui Ka Yan (Evergrande founder)
Xǔ Jiāyìn
许家印
at / in (formal preposition)
yú
于
Shenzhen court
Shēnzhèn fǎyuàn
深圳法院
regarding / on the matter of
jiù
就
eight (charges)
bā xiàng
八项
criminal charges
xíngshì zhǐkòng
刑事指控
to plead guilty
rèn zuì
认罪
including / to include
bāokuò
包括
fundraising fraud
jízī zhàpiàn
集资诈骗
and / as well as
jí
及
misappropriation of funds
nuóyòng zījīn
挪用资金
court / tribunal
fǎtíng
法庭
will / going to (future marker)
jiāng
将
on a later chosen date
zé rì
择日
to pronounce judgment / to deliver verdict
xuānpàn
宣判
April 16, 2026 at 9:00 AM
China
Zhōngguó
中国
real estate
fángdìchǎn
房地产
giant / major player
jùtóu
巨头
Evergrande Group
Héngdà Jítuán
恒大集团
founder
chuàngshǐrén
创始人
Hui Ka Yan (Evergrande founder)
Xǔ Jiāyìn
许家印
at / during (formal preposition)
yú
于
this week
běn zhōu
本周
in / at
zài
在
Shenzhen court
Shēnzhèn fǎyuàn
深圳法院
to appear in court
chū tíng
出庭
to stand trial / to face trial
shòu shěn
受审
Hui Ka Yan (Evergrande founder)
Xǔ Jiāyìn
许家印
on / regarding
jiù
就
eight (charges)
bā xiàng
八项
criminal charges
xíngshì zhǐkòng
刑事指控
to plead guilty
rèn zuì
认罪
among which / including
qízhōng
其中
to include
bāokuò
包括
illegal / unlawful
fēifǎ
非法
to absorb / to solicit
xīshōu
吸收
the public / general public
gōngzhòng
公众
deposits / savings
cúnkuǎn
存款
fundraising fraud
jízī zhàpiàn
集资诈骗
and / as well as
jí
及
misappropriation of funds
nuóyòng zījīn
挪用资金
and so on / et cetera
děng
等
in addition / furthermore
cǐwài
此外
he / him
tā
他
also / in addition
hái
还
to face / to confront
miànlín
面临
to misappropriate / to embezzle
nuóyòng
挪用
corporate assets
qǐyè zīchǎn
企业资产
and / as well as
jí
及
commercial bribery
shāngyè huìlù
商业贿赂
(attributive particle)
de
的
charges / accusations
zhǐkòng
指控
the prosecution / procuratorate
jiǎnchá jīguān
检察机关
to charge / to allege
zhǐkòng
指控
to state / to allege
chēng
称
Evergrande
Héngdà
恒大
systematically
xìtǒng xìng de
系统性地
(used to indicate the object of an action)
jiāng
将
homebuyers
gòufángzhě
购房者
pre-sale funds
yùshòu zījīn
预售资金
to divert for other purposes / to misappropriate
nuó zuò tā yòng
挪作他用
rather than / instead of
ér fēi
而非
to use for / for the purpose of
yòng yú
用于
to complete / to finish
wánchéng
完成
contract / agreement
hétong
合同
in / within
zhōng
中
agreed upon / stipulated
yuēdìng
约定
(attributive particle)
de
的
housing projects
zhùfáng xiàngmù
住房项目
this (specific) / such
zhè yī
这一
conduct / behavior
xíngwéi
行为
to lead to / to result in
dǎozhì
导致
nationwide / across the country
quánguó
全国
280 cities
280 gè chéngshì
280个城市
(attributive particle)
de
的
approximately / around
yuē
约
approximately 1,300 (units)
1300 gè
1300个
property development / housing project
lóupán
楼盘
to be left unfinished / unfinished construction
làn wěi
烂尾
millions of / numbering in the millions
shù yǐ bǎiwàn jì
数以百万计
(attributive particle)
de
的
family / household
jiātíng
家庭
unable to / cannot
wúfǎ
无法
to move into / to take possession of
rùzhù
入住
already purchased
yǐ gòu
已购
housing / property
fángwū
房屋
Evergrande
Héngdà
恒大
since / from
zì
自
the year 2021
2021 nián
2021年
from / starting
qǐ
起
already / have
yǐ
已
on / with regard to
duì
对
$300 billion
3000 yì měiyuán
3000亿美元
(attributive particle)
de
的
the vast majority
jué dà duōshù
绝大多数
debt / liabilities
zhàiwù
债务
to default / to breach a contract
wéiyuē
违约
to become
chéngwéi
成为
global / worldwide
quánqiú
全球
scale of liabilities / debt scale
fùzhài guīmó
负债规模
largest / greatest
zuì dà
最大
(attributive particle)
de
的
real estate company
fángdìchǎn gōngsī
房地产公司
one of
zhī yī
之一
Hui Ka Yan (Evergrande founder)
Xǔ Jiāyìn
许家印
after / in (contextual)
zài
在
trial proceedings / court hearing
tíng shěn
庭审
to end / to conclude
jiéshù
结束
after / following
hòu
后
to express / to indicate
biǎoshì
表示
to show remorse / to admit wrongdoing
huǐ guò
悔过
court
fǎyuàn
法院
will / going to (future marker)
jiāng
将
at / on (formal)
yú
于
later / shortly after
shāo hòu
稍后
to announce / to make public
gōngbù
公布
verdict / judgment result
pànjué jiéguǒ
判决结果
this case
cǐ àn
此案
(passive marker)
bèi
被
the outside world / observers
wàijiè
外界
to regard as / to see as
shì wéi
视为
China
Zhōngguó
中国
real estate
fángdìchǎn
房地产
crisis
wēijī
危机
in the midst of / within
zhōng
中
the most / most representative of
zuì jù
最具
symbolic significance
xiàngzhēng yìyì
象征意义
(attributive particle)
de
的
judicial reckoning / legal settlement
sīfǎ qīngsuàn
司法清算
New Words
qìchē gōngyè
汽车工业
automotive industry
diàndòng qìchē
电动汽车
electric vehicle
zìdòng jiàshǐ
自动驾驶
autonomous driving
diànchí jìshù
电池技术
battery technology
zhìzàoshāng
制造商
manufacturers
gōngyìng liàn
供应链
supply chain
zhèngcè
政策
policy
diànqìhuà
电气化
electrification
xiāoshòu
销售
sales
shí nián
十年
decade
News in English
BusinessEvergrande Founder Hui Ka Yan Pleads Guilty to Eight Charges Including Fraud and Embezzlement
Hui Ka Yan, founder of China Evergrande Group, pleaded guilty in a Shenzhen court to eight criminal charges including fundraising fraud and misappropriation of funds, as the landmark trial over the property giant collapse concluded its hearing phase.
The automotive industry is experiencing rapid transformation driven by the transition to electric vehicles and autonomous driving technology.
Major car manufacturers are investing heavily in battery technology and electric vehicle development.
These investments are reshaping supply chains and creating new business opportunities in the EV sector.
Government policies supporting electrification are accelerating the pace of industry transformation.
Industry analysts predict that electric vehicles will comprise a significant portion of global vehicle sales within the next decade.
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