Individual creditors apply for bankruptcy of two Evergrande Auto subsidiaries

On July 28, Evergrande Auto (the Company) announced on the Hong Kong Exchanges and Clearing Limited (HKEX) that Evergrande New Energy Vehicle (Guangdong) Co., Ltd. and Evergrande Smart Automotive (Guangdong) Co., Ltd. (the Relevant Subsidiaries) received a notice from the relevant local people’s court on July 26.
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