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2025-01-21 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
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Shulou(Shulou.com)11/24 Report--
CTOnews.com April 25 news, on the evening of April 24, Evergrande issued an announcement that its Evergrande factory suspended production of Hengchi 5 due to lack of funds after delivering 900 vehicles.
CTOnews.com noted that Evergrande had previously suspended other plants and concentrated resources on production at the Tianjin plant. The suspension of production at the Tianjin plant means that Hengchi has announced that it has stopped production. However, officials say production is scheduled to resume in May 2023.
According to public information, Evergrande, formerly known as Evergrande Health, was initially responsible for running Evergrande's health business in China. In 2019, Evergrande entered the field of new energy vehicles, and Evergrande Health renamed Evergrande Automobile. In the announcement, Evergrande also plans to package and sell its 47 health valley projects to Evergrande shares at an agreed price of 2 yuan, while transferring 24.789 billion of its debt.
In August 2020, Evergrande Automobile Group simultaneously released six models of Hengchi in Shanghai and Guangzhou, including Hengchi 1, Hengchi 2, Hengchi 3, Hengchi 4, Hengchi 5, Hengchi 6, covering cars, sedan cars, SUV, MPV, crossover cars and other passenger vehicles. Among them, Hengchi 5 officially came off the line from the Tianjin factory in early 2022, and the other five planned models have not been disclosed. According to the information disclosed by Evergrande, as of April 24, Evergrande has delivered more than 900 Hengchi to customers.
In November 2019, Xu Jiayin, chairman of Evergrande Group, said bravely that annual production and sales of more than 1 million vehicles would be achieved by 2025 and more than 5 million by 2035. Evergrande will become the largest and most powerful new energy automobile group in the world.
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