Evergrande NEV units enter bankruptcy liquidation proceedings, court forms liquidation groups

Reuters04-01

Evergrande NEV units enter bankruptcy liquidation proceedings, court forms liquidation groups

Evergrande NEV received court notices that liquidation groups were formed for bankruptcy and liquidation proceedings at two indirect wholly owned subsidiaries.
Separate notices show Guangzhou Intermediate People’s Court accepted creditor petitions for bankruptcy and liquidation of two other indirect wholly owned subsidiaries.
Units subject to the proceedings include a vehicle R&D and manufacturing arm with registered share capital of USD 3.5 billion.
Battery business subsidiary in the proceedings has registered share capital of USD 1 billion.

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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260331-12085657), on March 31, 2026, and is solely responsible for the information contained therein.

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