Evergrande Motor announced on the Hong Kong Stock Exchange that on November 22, 2025, the company learned news reports that the registered shareholders of the relevant subsidiary companies had changed from members of the Group to Guangzhou Juli Modern Industrial Development Co., Ltd. After an inquiry by the Company, the manager confirmed that according to the bankruptcy and restructuring plan approved by the relevant local people's court, the Group's shares in the relevant subsidiary were cancelled and all shares of the relevant subsidiary companies were registered under the name of Guangzhou Juli on November 18, 2025. Since the relevant shareholder changes in the plan and related subsidiaries are the result of such procedures, the Group has not charged any cash costs. Stock trading will continue to be suspended until further notice.

Evergrande Motor announced on the Hong Kong Stock Exchange that on November 22, 2025, the company learned news reports that the registered shareholders of the relevant subsidiary companies had changed from members of the Group to Guangzhou Juli Modern Industrial Development Co., Ltd. After an inquiry by the Company, the manager confirmed that according to the bankruptcy and restructuring plan approved by the relevant local people's court, the Group's shares in the relevant subsidiary were cancelled and all shares of the relevant subsidiary companies were registered under the name of Guangzhou Juli on November 18, 2025. Since the relevant shareholder changes in the plan and related subsidiaries are the result of such procedures, the Group has not charged any cash costs. Stock trading will continue to be suspended until further notice.