Evergrande Auto: Creditors apply for bankruptcy reorganization of Evergrande Smart Auto, which has a significant impact on production and operation activities

On July 28, Hengda Automobile (00708.HK) HKEx announced that Hengda New Energy Automobile and Hengda Intelligent Automobile (related subsidiaries), a subsidiary of the company, received a notice issued by the relevant local people's court on July 26, 2024. The main contents are as follows: Individual creditors of the relevant subsidiaries applied to the relevant local people's court for bankruptcy reorganization of the relevant subsidiaries on July 25, 2024. The above notice has a significant impact on the production and operation activities of the company and the relevant subsidiaries.