HONG KONG (Reuters). The embattled China Evergrande Group aims for sales of 1 Billion Yuan ($152.26 Million) during China’s Golden Week holiday. According to a source with knowledge, the property developer sells apartments nationwide at a discount.

Evergrande is facing $300 billion in debts and has struggled to restart construction work. Evergrande claimed that it had delivered homes to its buyers this month, stating that the building of 95% of its existing projects was now complete.

To encourage holiday sales, Pearl River Delta’s business unit announced in WeChat that it was offering discounts of up to 10,000 apartments from 413 different projects.

Evergrande contracted sales for 2021 totaled 443 billion yuan. That’s 39% lower than in the previous year. The company has discontinued disclosing monthly sales figures since September and did not disclose a 2022 target.

According to the Paper online media, 28 districts units will be responsible for the Golden Week sales targets. Evergrande’s unit is located in Sichuan, southwest province. Its 128 million Yuan total burden.

The first time the Paper reported the target was April 25 to May 4, and this overlaps with Labour Day’s Golden Week, which begins on Saturday.

Because he wasn’t allowed to talk to the media, the person who has knowledge asked that he not be named. Evergrande didn’t immediately reply to our request for comment.

The developer, known for aggressive promotions timed to coincide with Golden Week holidays in May and October, offered a 30% discount https://www.reuters.com/article/china-evergrande-discount-idUSL4N2G40PZ on properties in September 2020, before its debt crisis.

The company targeted 100 billion yuan sales in September and Oct of that year. According to one filing, the firm earned 182 billion during those two months.

($1=6.5679 renminbi)