BRIEF-China Evergrande New Energy Vehicle Says Continued Suspension Of Trading

Reuters
30 Jun
BRIEF-China Evergrande New Energy Vehicle Says Continued Suspension Of Trading

June 30 (Reuters) - China Evergrande New Energy Vehicle:

  • COMPANY CONTINUES TO MAINTAIN BASIC OPERATING ACTIVITIES AT PRODUCTION PLANT WITH ITS LIMITED FUNDING

  • HAS BEEN SUSTAINED BY FURTHER REDUCING ITS HEADCOUNT AND NON-ESSENTIAL OPERATIONAL EXPENSES

  • WILL CONTINUE TO SEEK INVESTMENT TO ALLEVIATE GROUP'S LIQUIDITY ISSUES AND FACILITATE APPROPRIATE RESTRUCTURING

  • WILL ANNOUNCE EXPECTED DATE OF PUBLICATION OF 2024 RESULTS AS SOON AS PRACTICABLE

Further company coverage: 0708.HK

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10