Evergrande’s latest attempt to raise capital is the sale of HengTen. The deal is worth 2.13 billion Hong Kong dollars ($273.2 million), with 20% — or $54.6 million — due within five business days, and the rest in two months, the filing said.

According to a Hong Kong stock exchange filing, the developer announced Wednesday that it had reached an agreement to sell 1.66 billion HengTen securities to Allied Resources Investment Holdings at 1.28 Hong Kong dollars per share.

It’s 24% lower than HengTen closing Wednesday price of 1.69 Hong Kong Dollars a Share.

This transaction amounts to 18% of HengTen’s shares. A filing from Aug. 1, showed that a TencentA subsidiary bought 7% from Evergrande in an agreement worth 2.07 billion Hong Kong dollars.

HengTen’s subsidiary Ruyi Films was one of the producers of “Hi, Mom,‘’ a hit move in China earlier this year. The film grossed 8.38 billion dollars, which is 5.41 trillion yuan. top-grossing movie by a female director, according to Chinese ticketing platform Maoyan.

Evergrande, originally a developer of real estate, was established in late 1990s. It then expanded into other industries like new energy vehicles and life insurance.