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Text: Anonymous Gentleman
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According to media reports, Liu Yongzhuo, executive director of Evergrande Automobile, was criminally detained on suspicion of violating the law and committing crimes, which immediately caused a shock in the market. Evergrande Auto's share price fell more than 12% in a short period of time, and investors dumped their shares in a hurry, and the market sentiment was mournful.
Liu Yongzhuo is the right-hand man of the famous entrepreneur Xu Jiayin, who led the team to win many championships during his tenure at Guangzhou Evergrande Football Club, and achieved remarkable results. However, this incident of suspected illegal crimes is a big surprise, and many people can't help but sigh that "heroes also make mistakes".
In addition, Evergrande Auto has previously received a strategic investment of 500 million US dollars from Newton Group, which is expected to be high. However, due to the continuous fermentation of Evergrande Group's debt problems and the news that Xu Jiayin has been taken compulsory measures, investment may have been hit quite a bit. The market is full of uncertainty about the future of Evergrande Automobile, and investors have begun to reevaluate their investment plans. In the face of this sudden change, the management of Evergrande Automobile also quickly took countermeasures.
First of all, they issued a statement expressing deep regret over Liu Yongzhuo's suspected illegal crimes, and promised to fully cooperate with the judicial authorities in the investigation. At the same time, Evergrande Auto also said that they will take all necessary measures to ensure the normal operation of the company and the rights and interests of employees.
In response to market uncertainty, Evergrande Auto actively communicates with investors and conveys the company's operating conditions and development prospects to investors through telephone conferences and online exchanges. They stressed that despite some challenges, Evergrande Automobile's R&D and production capabilities in the field of new energy vehicles still have a competitive advantage and have been recognized by many consumers.
In addition, Evergrande Auto also announced a series of measures to stabilize the market, including repurchasing shares, increasing dividends, and strengthening strategic cooperation with partners. These measures are designed to increase investor confidence, stabilize stock prices, and promote the sustainable development of the company.
Despite some difficulties and challenges, Evergrande still showed tenacity and determination. They firmly believe that by strengthening internal management, optimizing product structure, and enhancing brand influence, the company can tide over the difficulties and achieve more stable development.
In summary, the criminal detention of Liu Yongzhuo, executive director of Evergrande Automobile, will have a far-reaching impact on the company. His personal achievements and past glory will be overshadowed at this moment, and there are concerns about the collapse of Evergrande's share price and the impact on its investments. This incident also reminds us once again that the impact of personal conduct on business and investment cannot be ignored.
In my opinion, this incident is not only an internal problem of Evergrande Automobile Company, but also a wake-up call for the entire Evergrande Group. Entrepreneur Xu Jiayin's personal image and the company's overall image will be affected, and he will need to be more careful in handling the company's internal affairs and relationships with external investors. At the same time, investors also need to be more cautious in choosing investment targets to avoid being affected by similar events. The occurrence of this incident has sounded the alarm bell for us, and we need to pay sufficient attention and vigilance.