The ailing Chinese property giant held a call with investors on Tuesday (March 22).

In an earlier stock exchange filing it said it would not meet a March 31 deadline for filing its financial results.

The firm says that's due to audit work not being completed.

Evergrande has been struggling under more than $300 billion in liabilities.

Investors feared that a messy collapse could ripple through China's vast property sector, and beyond.

State intervention has quelled those fears for now, but investors are still in the dark over whether they will ever recoup their money.

Reuters sources say a restructuring deal will see Evergrande work with local authorities and creditors.

It's thought the model could be used by other heavily indebted property firms.