Evergrande New Energy Automobile Group Co., Ltd. (Evergrande Auto) announced on September 5, 2024 that its subsidiary, Evergrande HC New Energy Automobile (Shanghai) Co., Ltd., had received a notice of bankruptcy liquidation. The application was filed by individual creditors with the relevant local people's court. Evergrande Auto stated that the production and operation activities of the relevant subsidiary companies are currently in a low state, so this notice does not have a significant impact on the overall production and operation activities of the Group. The company is considering defending against the creditors' application and will disclose any significant developments in a timely manner in accordance with listing rules. In addition, Evergrande Auto's shares were suspended from trading on the Hong Kong Stock Exchange on September 5, 2024 at 9:52 am and an application has been made to resume trading at 9:00 am on September 6, 2024.

Evergrande New Energy Automobile Group Co., Ltd. (Evergrande Auto) announced on September 5, 2024 that its subsidiary, Evergrande HC New Energy Automobile (Shanghai) Co., Ltd., had received a notice of bankruptcy liquidation. The application was filed by individual creditors with the relevant local people's court. Evergrande Auto stated that the production and operation activities of the relevant subsidiary companies are currently in a low state, so this notice does not have a significant impact on the overall production and operation activities of the Group. The company is considering defending against the creditors' application and will disclose any significant developments in a timely manner in accordance with listing rules. In addition, Evergrande Auto's shares were suspended from trading on the Hong Kong Stock Exchange on September 5, 2024 at 9:52 am and an application has been made to resume trading at 9:00 am on September 6, 2024.