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, which involves significant and ongoing related transactions [1] Group 1 - The delay involves major ongoing related transactions, including related receivables loans and updates on green 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] - Evergrande Auto's shares have been suspended from trading on the Hong Kong Stock Exchange since April 1, 2025, pending the release of the group's annual performance announcement for 2024 [1] Group 2 - 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, comply with resumption guidelines, and fully adhere to listing rules by September 30, 2026, the listing department will recommend the cancellation of the company's listing status [1] - The Hong Kong Stock Exchange has the authority to impose a shorter specific remedial period or to cancel the company's listing status in real-time if deemed appropriate [1]
恒大汽车：延迟寄发通函日期至8月29日