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Evergrande Motors announced major share changes: more than 29% of shares changed hands
According to the Hong Kong Stock Exchange, Evergrande Motor Company plans to transfer 31asianqualifiersqatar2022.45 billion shares, accounting for approximately 29.0%asianqualifiersqatar2022An immediate sale of the equity. At the same time, the company also announced that it would include 3.203 billion shares, equivalent to 29.5% of the issued shares, as optional rights for potential buyers. This marks a major change for Evergrande Automobile in the stock market.
The company announced that in order to reflect the above changes, it will apply to the Stock Exchange to resume trading of its shares on the exchange from May 27, 2024.