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Evergrande Vehicle suspends production at Tianjin plant and plans to raise funds for continuation of operations
On March 27, China Evergrande New Energy Vehicle Group Limited (Evergrande Vehicle) issued its financial report for 2023. According to the financial report, Evergrande Vehicle achieved a revenue of CNY 1.34 billion, up 900.04% year-over-year. As of December 31, 2023, Evergrande Vehicle incurred a deficit of CNY 11.99....
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