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China Evergrande NEV Group Announces Further Delay in Circular Dispatch

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China Evergrande NEV Group Announces Further Delay in Circular Dispatch

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China Evergrande New Energy Vehicle Group ( (HK:0708) ) has provided an announcement.

China Evergrande New Energy Vehicle Group Limited announced another delay in the dispatch of a circular related to major and continuing connected transactions, including loans and updates on green landscaping services and material procurement. The delay is due to the need for additional time to finalize the circular’s contents, pushing the expected dispatch date to on or before June 30, 2025. This postponement impacts the company’s operational timeline and may affect stakeholders awaiting these updates.

More about China Evergrande New Energy Vehicle Group

China Evergrande New Energy Vehicle Group Limited is a company incorporated in Hong Kong, focusing on the new energy vehicle industry. It is involved in the production and sales of new energy vehicles and related services, with a market focus on green landscaping services and material procurement.

Average Trading Volume: 66,138,896

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.84B

Learn more about 0708 stock on TipRanks’ Stock Analysis page.

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