China Evergrande New Energy Vehicle Group Co., Ltd. issued an announcement on Monday (January 8) on Monday (January 8) that the company's shares will be stopped at 9 am on Monday on Monday.
Evergrande's stock price has fallen 18.6%in the past week.
Last week (January 1) Evergrande also issued an announcement saying that Evergrande Automobile and the UAE New Energy Vehicle Brand Newton Group's shares subscribed agreement and debt -to -equity transfer subscription agreement.The deadline is scheduled to be on December 31 last year, but the Newton Group did not agree to the deadline for extending the deadline, which means that the original subscription agreement failed.
According to the original agreement in August last year, Newton Group will subscribe for about 6.18 billion new Evergrande car new shares.The total cost is about HK $ 3.9 billion (S $ 663 million).
The financial report shows that Evergrande Automobile lost about 84.08 billion yuan (RMB, the same below, the same, the same, S $ 15.717 billion) from 2021 to 2022.
In addition, Evergrande Motors also bears huge debt.As of the end of 2022, Evergrande's total car liabilities reached 183.872 billion yuan, and after excluding 119.02 billion yuan of residential business -related liabilities, 64.870 billion yuan in debt.At the same time, Evergrande Automobile involved a total of about 11.626 billion yuan in due debts that could not be settled, and the Group's overdue business tickets cumulatively approximately 18.512 billion yuan.
