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Guangzhou SASAC Reportedly Takes Over Evergrande Vehicle
Recommend 17 Positive 25 Negative 8 |
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Evergrande Intelligent Vehicle (Guangdong) (literal translation of "恆大智能汽車(廣東)") and Evergrande New Energy Vehicle (Guangdong) (literal translation of "恆大新能源汽車(廣東)") recently underwent industrial and commercial changes, Chinese media reported, citing public information. The original shareholder, Evergrande New Energy Vehicle Investment Holding Group (literal translation of "恆大新能源汽車投資控股集團"), withdrew, and Guangzhou Julli Modern Industry Development (literal translation of "廣州聚力現代產業發展"), a subsidiary of State-owned Assets Supervision and Administration Commission (SASAC) in Guangzhou, became the sole shareholder. Evergrande Intelligent Vehicle (Guangdong) (literal translation of "恆大智能汽車(廣東)") was established in 2018 with a registered capital of RMB2.5 billion, and Evergrande New Energy Vehicle (Guangdong) (literal translation of "恆大新能源汽車(廣東)") was established in 2019 with a registered capital of RMB5 billion, information showed. AASTOCKS Financial News Website: www.aastocks.com |
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