China Evergrande New Energy Vehicle Group Limited (the “Company”), together with its subsidiaries, issued an announcement regarding a further delay in dispatching a circular related to major and continuing connected transactions. These transactions encompass connected loans receivable, green landscaping services, material procurement, and the sale of new energy vehicles.

According to the announcement, the Company initially planned to dispatch the circular on or before 30 January 2026. However, additional time is required to prepare and finalize the information. The dispatch date is now expected to be postponed to on or before 31 March 2026. The Company will release a revised timetable for these major and continuing connected transactions as soon as practicable.

The circular, upon issuance, is intended to include further details of the Post-Disposal Loans and Loans to the China Evergrande Group (In Liquidation), along with a letter of advice from the Independent Financial Adviser, a recommendation from the Independent Board Committee, and a notice for convening a general meeting of shareholders. The Company’s Board will provide updates as circumstances evolve, in line with regulatory requirements.