In this paper, we study the behavior of Ricci-flat K¨ahler metrics on Calabi–Yau manifolds under algebraic geometric surgeries: extremal transitions or flops. We prove a version of Candelas and de la Ossa’s conjecture: Ricci-flat Calabi–Yau manifolds related by extremal transitions and flops can be connected by a path consisting of continuous families of Ricci-flat Calabi–Yau manifolds and a compact metric space in the Gromov–Hausdorff topology. In an essential step of the proof of our main result, the convergence of Ricci-flat K¨ahler metrics on Calabi–Yau manifolds along a smoothing is established, which can be of independent interest.

We consider closed orientable hypersurfaces in a wide class of warped product manifolds which include space forms, deSitter-Schwarzschild and Reissner-Nordstr\"{o}m manifolds. By using a new integral formula or Brendle's Heintze-Karcher type inequality, we present some new characterizations of umbilic hypersurfaces. These results can be viewed as generalizations of the classical Jellet-Liebmann theorem and the Alexandrov theorem in Euclidean space. In particular, Corollary 1.8 implies that the embeddedness condition in Theorem 2 of [Brendle-Eichmair, JDG. 2013] is not necessary.

We solve the Fu-Yau equation for arbitrary dimension and arbitrary slope $\alpha'$. Actually we obtain at the same time a solution of the open case $\alpha'>0$, an improved solution of the known case $\alpha'<0$, and solutions for a family of Hessian equations which includes the Fu-Yau equation as a special case. The method is based on the introduction of a more stringent ellipticity condition than the usual $\Gamma_k$ admissible cone condition, and which can be shown to be preserved by precise estimates with scale.

This is the third and final article in a series which prove the fact that a K-stable Fano manifold admits a Khler-Einstein metric. In this paper we consider the Gromov-Hausdorff limits of metrics with cone singularities in the case when the limiting cone angle approaches 2\pi . We also put all our technical results together to complete the proof of the main theorem.

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