On the date of this announcement, Evergrande Automobile has completed the sale of most of the assets held by Evergrande Hofer Powerchain Gmbh, a subsidiary of the Company, and the related shareholders' equity held by the Group in Meneco AB.
At the same time, the sale of the shareholders' rights and interests of Baitian Electric Holding Co., Ltd. and E-Tract Action Europe B.V. held by Evergrande Automobile by an independent third party has also been (or will be) completed in the near future (collectively referred to as "overseas sale transaction").
As all applicable percentages of various overseas sales transactions calculated according to Chapter 14 of the Listing Rules do not exceed 5%, all overseas sales transactions do not constitute the Company's declared transactions.
In addition, the company is still in contact with different potential investors to introduce funds for the Group, and is still in the process of negotiation as of the date of this announcement.
On the date of this announcement, Evergrande Automobile has returned 2,663,300 square meters of unused residential supporting land and industrial land, involving 7 projects with a total amount of 65.438+28.4 million yuan.
The above-mentioned land refund funds are mainly used for engineering construction, payment of wages for migrant workers and payment of land funds for remaining plots, and some land refund funds have been confiscated by the government.