Evergrande Auto: The court has appointed an administrator to be responsible for the bankruptcy liquidation procedures of the relevant subsidiaries

2025-04-01 08:08:13

Evergrande Auto Announcement, China Evergrande New Energy Vehicle Group Co., Ltd., hereby refers to its announcement dated March 26, 2025, regarding the decision of the Shanghai No. 3 Intermediate People's Court to accept the bankruptcy liquidation application filed by a creditor against the Company's indirect wholly-owned subsidiary, Evergrande Hengchi New Energy Vehicle (Shanghai) Co., Ltd. The relevant subsidiary received a decision dated March 26, 2025, and the court has appointed an administrator to be responsible for the bankruptcy liquidation procedures of the relevant subsidiary.

Evergrande Auto

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Nvidia (NVDA.O): Blackwell chips have begun production at TSMC's chip factory in Phoenix, Arizona.
                            2025-04-14

                                    Li Lecheng, Secretary of the Party Leadership Group of the Ministry of Industry and Information Technology, meets with Sultan, Minister of Industry and Advanced Technology of the United Arab Emirates
                            2025-04-18

                                    According to ABC News: The helicopter carrying the CEO of Siemens, his wife and young children crashed into the Hudson River in New York City.
                            2025-04-11

                                    BOE A: Net profit is expected to increase by 63% to 68% year-on-year in the first quarter of 2025
                            2025-04-15

                                    China Great Wall Information, a subsidiary of China Great Wall, won the bid for the AI acceleration server project of Heilongjiang Rural Credit Cooperatives
                            2025-04-11