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China Evergrande New Energy Vehicle Group ( (HK:0708) ) has shared an announcement.
China Evergrande New Energy Vehicle Group has announced another postponement in sending a shareholder circular covering major and continuing connected transactions, including loans receivable from and to the China Evergrande Group, and updates on ongoing related-party deals involving green landscaping services, material procurement and sales of new energy vehicles. The circular, originally slated to be dispatched by 31 December 2025, is now expected to be sent by 30 January 2026 as the company needs more time to finalize the information, prompting a revision of the timetable for these transactions and signaling continued procedural delays around key financing and related-party arrangements that are important for investors monitoring the group’s governance and capital links to the wider Evergrande empire.
More about China Evergrande New Energy Vehicle Group
China Evergrande New Energy Vehicle Group Limited is a Hong Kong-incorporated company focused on the development, manufacture and sale of new energy vehicles, supported by related services such as material procurement and green landscaping for its facilities and projects. The group operates within the broader China Evergrande network and is listed on the Hong Kong Stock Exchange, with its business closely tied to intra-group transactions and financing arrangements with entities under China Evergrande Group (in liquidation).
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1.84B
Find detailed analytics on 0708 stock on TipRanks’ Stock Analysis page.