Evergrande New Energy Vehicle Group Co., Ltd. ("Evergrande Auto") updated the latest development of potential share transfers on July 26, 2024. The company reviewed the non-binding terms previously announced on May 26 and June 26 regarding the share transfer agreement with potential buyers. Evergrande Auto stated that although discussions with potential buyers are still ongoing, as of now, the two parties have not reached an agreement on the sale or credit agreement. The company also pointed out that the completion of any potential transaction depends on the results of due diligence, the signing of sale and credit agreements, and the satisfaction of relevant terms and conditions. Evergrande Auto reminded shareholders and potential investors to act prudently before the transaction is confirmed. Members of the board of directors, including executive directors Mr. Sean Xiao, Mr. Liu Yongzhuo, and Mr. Qin Liyong, as well as independent non-executive directors Mr. Zhou Chengyan and Mr. Xie Wu, are responsible for the accuracy of the announcement.

Evergrande New Energy Vehicle Group Co., Ltd. ("Evergrande Auto") updated the latest development of potential share transfers on July 26, 2024. The company reviewed the non-binding terms previously announced on May 26 and June 26 regarding the share transfer agreement with potential buyers. Evergrande Auto stated that although discussions with potential buyers are still ongoing, as of now, the two parties have not reached an agreement on the sale or credit agreement. The company also pointed out that the completion of any potential transaction depends on the results of due diligence, the signing of sale and credit agreements, and the satisfaction of relevant terms and conditions. Evergrande Auto reminded shareholders and potential investors to act prudently before the transaction is confirmed. Members of the board of directors, including executive directors Mr. Sean Xiao, Mr. Liu Yongzhuo, and Mr. Qin Liyong, as well as independent non-executive directors Mr. Zhou Chengyan and Mr. Xie Wu, are responsible for the accuracy of the announcement.