Evergrande Automotive: Delay in sending the circular letter date to August 29, related to significant and ongoing related transactions

date
03/08/2025
On July 31, Evergrande Automobile announced that it will further delay the sending of letters. According to the announcement, the letter originally scheduled to be sent on July 30, 2025, is now expected to be sent on August 29, 2025. This delay involves significant and ongoing related transactions, including related receivables loans and green engineering services, material procurement, and sales of new energy vehicles. It also includes the sale of all issued shares of Hui Bao Limited and Flaming Ace Limited to a subsidiary of Anxin Holdings Limited.