Hengchi 5 is officially off the line, which is good news for Evergrande and Hengchi now

Hong Kong Stock Research Agency learned that according to titanium media news, on December 27, there were media reports that Evergrande Automobile's first new car, the Hengchi 5-way line commissioning car, has been off the production line, and the entire production line has been completed, and it is reported that the car will be officially listed in the middle of next year.

It is reported that Hengchi 5 is the first product launched by the brand, the price is expected to be below 200,000 yuan, and the official competitors include Audi Q3, BMW X1 and other models. Previously, Xu Jiayin also stressed that he refused to lie flat, and the completion of the downline ceremony was good news for Evergrande and Hengchi now.

The news of the listing has long been rumored. In November this year, Hengchi 5 LX appeared in the Ministry of Industry and Information Technology. Generally speaking, after the Ministry of Industry and Information Technology issues a public announcement, the new car will enter the official announcement, and then within 4-6 months, the new car will start the listing process. However, in early December, there was a live video showing that the completion of hengchi 5 was worrying, and the door handle could not be automatically retracted after the door was closed, which caused everyone to complain for a while. Subsequently, on December 7, two models of Hengchi were removed from the "Road Motor Vehicle Manufacturers and Products" (Batch 350) license announcement issued by the Ministry of Industry and Information Technology.

However, this does not mean that Hengchi 5LX can not obtain legal identity, since it can enter the publicity system, it means that the relevant review materials of the model have been completed, and the models that did not appear in this batch of announcements also have the opportunity to appear in the subsequent announcements.