Guangzhou Automobile Group has officially denied the rumor that Huawei's cooperation project will involve the acquisition of Evergrande Auto's Nansha factory. The company clarified that Huawang Auto will primarily utilize Guangzhou Automobile Group's existing production capacity, with a particular emphasis on the Aion and Trumpchi brands. Additionally, Guangzhou Automobile Group urges investors to remain vigilant and refer to official announcements for accurate information. On March 26, Evergrande Auto's Hong Kong stock price exhibited unusual fluctuations, with intraday gains peaking at over 230%.
