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China Evergrande NEV Group Announces Further Delay in Transaction Circular

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China Evergrande NEV Group Announces Further Delay in Transaction Circular

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China Evergrande New Energy Vehicle Group ( (HK:0708) ) just unveiled an announcement.

China Evergrande New Energy Vehicle Group Limited announced another delay in the dispatch of a circular related to major and continuing connected transactions, including loans and green landscaping services. The delay, now extended to September 30, 2025, impacts the company’s timetable for these transactions, highlighting ongoing operational challenges and potential implications for stakeholders.

More about China Evergrande New Energy Vehicle Group

China Evergrande New Energy Vehicle Group Limited operates in the new energy vehicle industry, focusing on the production and sales of electric vehicles. The company is part of the larger China Evergrande Group and is involved in various connected transactions related to green landscaping services and material procurement.

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$1.84B

For detailed information about 0708 stock, go to TipRanks’ Stock Analysis page.

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