An announcement from China Evergrande New Energy Vehicle Group ( (HK:0708) ) is now available.
China Evergrande New Energy Vehicle Group announced major and continuing connected transactions related to loans receivable and updates on transactions involving green landscaping services, material procurement, and sales of new energy vehicles. Following the disposal of shares in Assemble Guard Limited and Flaming Ace Limited, the company reclassified intra-group loans as ‘Amounts due to related parties,’ impacting its financial statements and connected transactions under the Listing Rules.
More about China Evergrande New Energy Vehicle Group
China Evergrande New Energy Vehicle Group is a company incorporated in Hong Kong, focusing on the new energy vehicle industry. The company provides green landscaping services, material procurement, and sales of new energy vehicles, positioning itself within the growing market for sustainable automotive solutions.
YTD Price Performance: -35.00%
Average Trading Volume: 4,675
Technical Sentiment Signal: Buy
Current Market Cap: $166M
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