China Evergrande New Energy Vehicle Group (HK:0708) has released an update.
China Evergrande New Energy Vehicle Group Limited has provided a status update on ongoing discussions regarding a potential share transfer, indicating that no definitive agreements have been signed to date. The company cautions shareholders and potential investors that the potential transactions, still subject to due diligence and various agreements, may not necessarily proceed. Investors are advised to exercise caution when dealing in the company’s shares.
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