Evergrande NEV Receives Third Resumption Guidance; Faces 30 Sep 2026 Delisting Deadline

Bulletin Express

Jun 16

China Evergrande New Energy Vehicle Group Limited (Evergrande NEV) announced that Hong Kong’s Stock Exchange (HKEX) has issued a Third Resumption Guidance following the 9 June 2026 resignation of executive director Siu Shawn. The departure leaves the company with only one authorised representative, breaching Listing Rule 3.05, which requires two authorised representatives to maintain continuous communication with HKEX.

The Third Resumption Guidance adds to the Initial and Second Resumption Guidance issued on 17 April 2025 and 7 August 2025, respectively. Evergrande NEV must now: 1. Re-appoint a second authorised representative to restore compliance with Listing Rule 3.05; and 2. Satisfy all previously issued resumption conditions, remedy the causes of its trading suspension, and achieve full compliance with the Listing Rules.

HKEX reiterated that if Evergrande NEV fails to resume trading by 30 September 2026—18 months after the suspension began—it will recommend delisting. The exchange also reserves the right to impose a shorter remedial period or cancel the listing immediately if deemed appropriate.

Trading in Evergrande NEV shares has been suspended since 1 April 2025 and will remain so until the company meets all resumption requirements. Management will issue further announcements and provide quarterly updates on progress toward compliance. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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