Another subsidiary of Evergrande Auto faces bankruptcy liquidation
2025-11-14 / Read about 0 minute
Author:小编   

On November 13, Evergrande Auto announced that it had received a ruling from the Tianjin Binhai New Area People's Court, which accepted the creditor's petition for bankruptcy and liquidation of Evergrande New Energy Vehicle (Tianjin) Co., Ltd. This subsidiary, with a registered share capital of RMB 4.1 billion, is the registered entity for Evergrande Auto's intelligent mobility product manufacturing facilities in Tianjin. The production base has been suspended since January 2024. Trading in Evergrande Auto's shares has been suspended on the Hong Kong Stock Exchange since April 1, 2025, and will continue to be halted until further notice.