Shareholders' representative responds to Guangzhou state-owned assets taking over Great Wall Motors.

According to the Qichacha App, recently, Evergrande Smart Car Co., Ltd. and Evergrande New Energy Vehicle Co., Ltd. have undergone changes in business registration. The original shareholder Evergrande New Energy Vehicle Investment Holdings Group Co., Ltd. has exited, and Guangzhou Jueli Modern Industrial Development Co., Ltd., a subsidiary of Guangzhou State-owned Assets, has been added as the sole shareholder. When asked about the takeover by Guangzhou State-owned Assets, a representative of one of the shareholders of Guangzhou Jueli Modern Industrial Development Co., Ltd. confirmed the news. "First, reclaim the land," said the shareholder representative. When asked if Guangzhou Jueli Modern Industrial Development Co., Ltd. will continue to "make cars" in the future, the shareholder representative said, "We will see." Earlier, Evergrande Auto's land in Nansha District of Guangzhou had been reclaimed. On July 8th of this year, the website of the Urban Planning and Natural Resources Bureau of Guangzhou City published a "Unused Land Certification Document."