CHINA EVERGRANDE NEW ENERGY VEHICLE GROUP POSTED FY2025 REVENUE OF RMB13 MLN AND AN FY2025 NET LOSS OF RMB891 MLN, WITH THE GROUP'S UNPAID DEBTS DUE AMOUNTING TO RMB16,837.85 MLN AS AT 31 DEC 2025.
CHINA EVERGRANDE NEW ENERGY VEHICLE GROUP POSTED H1 NET INCOME ATTRIBUTABLE OF RMB185.7 MLN, RECOMMENDING NO INTERIM DIVIDEND FOR THE SIX MONTHS ENDED 30 JUNE 2026.
China Evergrande Group’s creditors have known for years they’ll only get pennies on the dollar back in one of the country’s biggest ever liquidations. Now, getting even just that has become more complex.
China Evergrande’s founder Hui Ka Yan has been sentenced to life in prison — cementing the downfall of a property tycoon who exemplified the country’s real estate boom and bust.
Nicole Sy explains