Evergrande Group stated that it will continue to promote the measures disclosed in the interim results announcement to alleviate liquidity problems, including but not limited to: adjusting project development timetables, strictly controlling costs, vigorously promoting sales and collections, striving for loan renewals and extensions, and selling equity And assets (including but not limited to investment properties, hotels and other properties) and the introduction of investors to increase the Group Up to now, China Evergrande has raised HK$30 billion for its new energy vehicle business. In February 2021, Evergrande Motor's stock price reached 72.45 yuan per share, with a market value of 640 billion Hong Kong dollars, and became the domestic car manufacturer with the highest market value without delivery.

　　 On the morning of September 17, the entry "Hengda Automobile's market value has evaporated by 600 billion" appeared on Weibo hot searches and attracted the attention of netizens.

　　 After the market opened that day, the stock price of Evergrande Auto continued to decline. As of the day's lunch break, the company's stock price fell 13.31% to 3.06 Hong Kong dollars, with a market value of 29.6 billion Hong Kong dollars (approximately 24.554 billion yuan).

　　 On the same day, the stock price of China Evergrande, the parent company of Evergrande Motors, fell 6.08% to HK$2.47 as of the lunch break. In contrast, Evergrande Property rose over 9.27% ​​to HK$4.48.

　　 Evergrande’s deployment in the field of new energy vehicles can be traced back to 2018 as early as 2018. So far, the company has raised 30 billion Hong Kong dollars for the business. In February 2021, Evergrande Motor's stock price reached 72.45 yuan per share, with a market value of 640 billion Hong Kong dollars, and became the domestic car manufacturer with the highest market value without delivery.

　　 At the Shanghai Auto Expo on April 19, 2021, Evergrande Motors displayed for the first time nine Hengchi models covering all levels from A to D, including cars, coupes, SUVs, MPVs and crossovers. At that time, Evergrande President Liu Yongzhuo once stated that Hengchi Auto will start production in the fourth quarter of 2021, and large-scale delivery will start in 2022, and the power battery will also start mass production in the second half of 2021. He also revealed that Evergrande has invested a total of 47.4 billion yuan in the new energy vehicle industry, and R&D investment has reached 24.9 billion yuan.

　　 Xu Jiayin has set the goal of "becoming the world's largest and strongest new energy vehicle group" for Evergrande, and plans to achieve annual production and sales of more than 1 million vehicles by 2025, and annual production and sales of more than 5 million vehicles by 2035.

　　 On the evening of August 9, Evergrande Automobile issued a profit warning for the first half of 2021. The net loss during the reporting period is expected to be approximately 4.8 billion yuan, which is about twice the net loss in the same period in 2020. Evergrande said that the company's loss was mainly due to the expansion of its new energy vehicle business. At present, the business is in the investment stage, and related expenses such as the purchase of fixed assets and equipment, research and development, etc. have increased, and interest expenses have been relatively large.

On the evening of August 10th, Evergrande Automobile’s parent company, China Evergrande, issued an announcement stating that the company is approaching several potential independent third-party investors to discuss the sale of some of its assets, including but not limited to the sale of the company’s listed subsidiary, China Evergrande. Part of the equity of New Energy Automobile Group Co., Ltd. and Evergrande Property Group Co., Ltd. Evergrande was absent from the Chengdu Auto Show that opened on August 29.

　　 Under the pressure of the bankruptcy and reorganization of the parent company, the road of Hengchi 5, a product of Evergrande Motor, has been tried to be exposed recently. However, on September 16, according to the news from Tianyan, the legal representative of Evergrande Hengchi New Energy Automobile (Guangdong) Co., Ltd. was changed from Weng Manshan to Zhang Mingming.

　　 The property sector under Evergrande has recently experienced a slight rebound. On September 17, Li Changjiang, General Manager of Country Garden Services, talked about the rumors of Country Garden’s acquisition of Evergrande Property in the live broadcast of the Boao Real Estate Forum 2021, said that Country Garden did contact Evergrande Property, but the price has not been negotiated. Will it be with Evergrande in the future? There is cooperation between the real estate industry and Country Garden does not rule out the decision-making power of the two parties.

　　 In addition, China Evergrande, the parent company of Evergrande Automobile, disclosed the sale of a number of equity and asset-related matters of its subsidiaries on August 31 when it announced its financial report for the first half of 2021. As of August 27, the group will sell property units to suppliers and contractors to offset part of the arrears, with a total amount of approximately 25.17 billion yuan. The companies involved in the sale of relevant equity assets include Hengteng Network, Shengjing Bank, Shenzhen High-tech Investment Group, Evergrande Bingquan, and 5 real estate projects.

　　 On September 13, Evergrande announced three redemption schemes to solve the redemption problem of Evergrande wealth investment products, namely: cash installment redemption, physical asset redemption, and offset redemption for the final payment of the purchase. Evergrande stated that investors can choose one of the three options for redemption, or combine any two and three options for redemption.

On the same day, Evergrande Group issued a statement to clarify the remarks about Evergrande’s bankruptcy and reorganization recently circulated on the Internet, and said that the company has indeed encountered unprecedented difficulties, but will fulfill its corporate responsibility, go all out to resume work and resume production, and guarantee the delivery of the building. , Do everything possible to restore normal operations, and spare no effort to protect the legitimate rights and interests of customers.

　　 However, the announcement made by China Evergrande on the Hong Kong Stock Exchange the next day stated that in September, which is usually the peak of property contract sales in China's real estate industry, China Evergrande expects that sales will continue to decline sharply in that month. This will cause the group's sales collection to continue to deteriorate, which will further put tremendous pressure on cash flow and liquidity.

　　 and the share capital of subsidiaries.

　　 On September 15, the spokesperson of the National Bureau of Statistics, Fu Linghui, in response to related issues involving Evergrande Group, said that some large real estate companies have encountered some difficulties in the operation process, and the impact on the development of the entire industry needs to be observed. Since 2021, the real estate industry has maintained a steady momentum as the country, regions and departments adhere to the principle of housing housing and non-speculation. Promote real estate regulation in all aspects, curb some unreasonable market demand, and gradually release normal demand. With the continuous improvement of the real estate market system, the real estate market is expected to maintain stable development.