Regarding the recent rumor that the "GAC Group's Huawang (GH) Project will acquire Evergrande Auto's Nansha plant," the Secretariat of GAC Group has issued a statement clarifying that the GAC GH project operates as an asset-light company, with plans to prioritize the utilization of its existing Aion and Trumpchi brand production capacities. The statement further advises investors to disregard such rumors and instead rely on the company's official announcements for accurate information. On the same day, Evergrande Auto's shares in Hong Kong witnessed unusual volatility, peaking with an increase of over 230%.
