Brief: China Evergrande New Energy Vehicle Says As At 30 June Total Liabilities Of RMB74,350 Mln

China Evergrande New Energy Vehicle

30/08/2024 15:49

Aug 30 (Reuters) - China Evergrande New Energy Vehicle
Group Ltd  0708.HK :
    * AS AT 30 JUNE TOTAL LIABILITIES OF RMB74,350 MILLION, OF
WHICH
RMB26,590 MILLION WERE BORROWINGS
    * AS AT 30 JUNE 2024, GROUP’S UNPAID DEBTS DUE AMOUNTED TO
RMB10,269 MILLION
    * AS AT 30 JUNE, GROUP HAD TOTAL OF 70 PENDING LITIGATION
CASES
WHICH INVOLVED MORE THAN RMB30 MILLION EACH
    * MATERIAL UNCERTAINTIES EXIST IN GROUP’S ABILITY TO
CONTINUE AS
GOING CONCERN IN VIEW OF GROUP’S FUTURE CASH FLOW


Further company coverage:  0708.HK 

 ((Reuters.Briefs@thomsonreuters.com;))