China Evergrande's Energy Vehicle Unit Eyes Potential Share Transfer

China Evergrande New Energy Vehicle is in ongoing discussions regarding a potential share transfer. Talks are active among potential sellers, a potential purchaser, and the company itself. No facility agreement has been finalized between the potential purchaser and the company.

China Evergrande New Energy Vehicle is currently engaged in discussions for a potential share transfer, according to a recent monthly update.

The talks involve potential sellers, a prospective purchaser, and the company itself. However, it was clarified that a facility agreement has not yet been established between the potential purchaser and the company.

The situation remains fluid as the parties involved continue their negotiations.

(With inputs from agencies.)