A few days ago, Evergrande Automobile issued an announcement on the Hong Kong Stock Exchange showing that 3.145 billion potential shares for sale (accounting for approximately 29% of all issued shares) will be acquired immediately, while 3.203 billion potential shares for sale (accounting for all approximately 29.5% of the issued shares) will be the subject of an exercisable option by the potential purchaser within a certain period after the date of the sale and purchase agreement. The company will apply to the Stock Exchange to resume trading of the company's shares on the Stock Exchange from 9:00 on May 27, 2024.
On May 27, Hong Kong stock Evergrande Auto resumed trading and opened with a surge of 94.74% to HK$0.740. It is understood that after the completion of the above transaction, China Evergrande will no longer hold shares in Evergrande Automobile.
Editor in charge: Wu Haotian