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Evergrande NEV Group Faces Leadership Shakeup
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Evergrande NEV Group Faces Leadership Shakeup

China Evergrande New Energy Vehicle Group (HK:0708) has released an update.

China Evergrande New Energy Vehicle Group Limited, under the control of liquidators from China Evergrande Group, has issued a nomination notice for appointing three new Directors at the upcoming annual general meeting. Additionally, a shareholder requisition notice demands an immediate general meeting to potentially remove two current executive Directors. The Board is currently deliberating on the notices and will update shareholders in compliance with regulations.

For further insights into HK:0708 stock, check out TipRanks’ Stock Analysis page.

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