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Evergrande Auto divests its real estate business to focus on R&D and production of NEVs
On May 13, Hengchi Auto announced that Evergrande Auto has recently approved to sell 47 of its property projects to China Evergrande Group and its subsidiaries at a general meeting of shareholders. This means that Evergrande Auto has completed the divestment of its real estate business and has become a pure New Energ....
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