Evergrande Automobile!
On January 8, China Evergrande New Energy Automobile Group Co., Ltd. (hereinafter referred to as "Evergrande Automobile") recently announced that its executive director, Mr. Liu Yongzhuo, has been criminally detained in accordance with the law on suspicion of violating the law and committing crimes. This news caused a sensation in the market and also had a certain impact on the trading of the company's shares.
It is reported that Evergrande Automobile announced on the Hong Kong Stock Exchange that due to the criminal detention of Mr. Liu Yongzhuo, the company's shares will be temporarily suspended from 9 a.m. on Monday. This move means that investors will not be able to buy and sell Evergrande Auto shares during this time, and the market will also be affected to a certain extent.
In response to the criminal detention of Mr. Liu Yongzhuo, Evergrande Auto said that it has applied to the Stock Exchange to resume trading of shares from 1pm on 8 January 2024. The company hopes to be able to resume trading in the shares as soon as possible to stabilize market sentiment while also providing investors with more trading options.
This incident is undoubtedly a major impact for Evergrande Automobile. As a new energy vehicle group, Evergrande Automobile has been committed to the development and promotion of new energy vehicles, and Mr. Liu Yongzhuo, as an executive director, his position and influence in the company cannot be underestimated. Therefore, his criminal detention will undoubtedly have a certain negative impact on the company's operation and development.
On the other hand, it also reminds the company and its management to strengthen the supervision and regulation of internal management, and strengthen the education and training of employees to avoid the recurrence of similar incidents. At the same time, the company also needs to release true and accurate information to the outside world in a timely manner to stabilize the sentiment of investors and maintain the company's image and reputation.
For investors, this event will also be an important factor in their investment decisions. They need to keep a close eye on the company's subsequent developments and the resumption of trading in the company's shares in order to make more informed investment choices.
The criminal detention of Mr. Liu Yongzhuo, the executive director of Evergrande Automobile, has temporarily halted the trading of its shares, which will have a certain impact on the company, investors and the market. Companies need to respond in a timely manner to actively stabilize market sentiment, and at the same time, they need to strengthen internal management to avoid the recurrence of similar incidents. Investors need to pay close attention to the future developments and make informed investment decisions. It is hoped that Evergrande Automobile can resume share trading as soon as possible, regain market confidence, and continue to develop steadily.