EVERG VEHICLE (00708): Subsidiary 3 and Subsidiary 4 were ruled by the relevant court to undergo bankruptcy liquidation and appointed a liquidation team as administrators.
Evergrande Auto (00708) announced that the company received a notice from the Guangzhou Intermediate People's Court on April 1, 2026, stating that its subsidiaries 3 and 4 have been ruled by the court to undergo bankruptcy liquidation, with the appointed liquidation group serving as administrators.
EVERG VEHICLE (00708) announced that on April 1, 2026, the company received a notice from the Intermediate People's Court of Guangzhou (related court), stating that Subsidiary 3 and Subsidiary 4 have been declared bankrupt and appointed a liquidation team as the administrator by the related court.
In addition, trading of the company's shares continues to be suspended.
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