China Evergrande New Energy Vehicle Group Limited has announced that a court in Tianjin has accepted a creditor's petition for bankruptcy and liquidation against its indirect wholly-owned subsidiary, Evergrande New Energy Vehicle (Tianjin) Co., Ltd. The subsidiary, which owns the Group's manufacturing base in Tianjin, has had its production suspended since January 2024. Trading in the shares of the Company on the Hong Kong Stock Exchange remains suspended pending the publication of outstanding financial results and the fulfilment of resumption conditions. Shareholders and investors are advised to exercise caution when dealing in the Company's securities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Evergrande New Energy Vehicle Group Ltd. published the original content used to generate this news brief on November 13, 2025, and is solely responsible for the information contained therein.
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