Core Viewpoint - Evergrande Auto has announced a further delay in the issuance of its circular, now expected to be sent on August 29, 2025, instead of the previously scheduled date of July 30, 2025 [1] Group 1: Delay in Circular Issuance - The delay involves significant and ongoing related transactions, including related receivables loans and updates on greening engineering services, material procurement, and sales of new energy vehicles [1] - The company is also selling all issued shares of Huibao Limited and Flaming Ace Limited to Anxin Holdings Limited, a subsidiary of China Evergrande Group, which is currently in liquidation [1] Group 2: Stock Trading Suspension - Evergrande Auto's shares have been suspended from trading on the Hong Kong Stock Exchange since 9:00 AM on April 1, 2025, pending the release of the group's annual performance announcement for 2024 [1] - If the shares remain suspended for 18 consecutive months until September 30, 2026, the Hong Kong Stock Exchange may cancel the listing status of the shares [1] - Should Evergrande Auto fail to remedy the suspension issues and comply with the resumption guidelines and listing rules to the satisfaction of the Hong Kong Stock Exchange by September 30, 2026, the listing department will recommend the cancellation of the company's listing status [1]
恒大汽车：延迟寄发通函日期至8月29日 涉重大及持续关连交易