Core Viewpoint - Evergrande Auto continues to face significant liquidity challenges, leading to ongoing asset sales and a delay in financial reporting [2][6]. Financial Performance - In the first half of 2024, Evergrande Auto's revenue dropped by 75% year-on-year to 38.37 million, with a net loss expanding to 20.257 billion [6]. - The gross margin turned negative due to production stagnation [6]. Operational Status - The company prioritizes limited financial resources to maintain basic operational activities at production facilities, rather than other activities such as hiring auditors [5]. - Discussions with potential strategic investors have not yet materialized, and the company continues to seek investments to alleviate liquidity issues [6]. Stock Trading Status - Evergrande Auto's shares have been suspended from trading on the Hong Kong Stock Exchange since April 1, 2025, and there is a risk of delisting if the suspension lasts for 18 months [7].
恒大汽车:与潜在战略投资者的讨论尚未实现,继续停牌
证券时报·2025-09-30 14:23