China Evergrande New Energy Vehicle Group Limited (“EVERG VEHICLE”, stock code 00708) has announced another postponement in issuing its shareholder circular related to several major and continuing connected transactions.

The document—covering (1) details of Post-Disposal Loans and other loans to the China Evergrande Group (In Liquidation) and (2) updates on continuing connected transactions for green landscaping services, material procurement and new-energy vehicle (NEV) sales—was originally scheduled for dispatch by 31 March 2026. The board now expects to send the circular on or before 29 May 2026, citing the need for additional time to complete the requisite information.

Key elements to be included in the delayed circular: • Comprehensive information on the Post-Disposal Loans and loans extended to the CEG Group. • Independent Financial Adviser’s opinion for the Independent Board Committee (IBC) and independent shareholders. • The IBC’s recommendation to independent shareholders. • Notice convening the forthcoming general meeting (GM).

The expected timetable for the related transactions will be revised accordingly, and a separate announcement will detail the updated schedule once finalised.

The delay follows earlier disclosures dating back to 26 March 2025, which first outlined the connected-loan arrangements and other continuing connected transactions. Subsequent announcements throughout 2025 and 2026 have tracked progress on the circular’s preparation.

EVERG VEHICLE’s board is chaired by Mr Siu Shawn, with Mr Choi Wai Hong Clifford serving as executive director and Mr Xie Wu and Mr Vincent Gar-Gene Leung as independent non-executive directors.