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| Apr. 08 | China Evergrande New Energy Vehicle Shelves Stake Sale to NWTN | MT |
| Apr. 02 | CHINA EVERGRANDE NEW ENERGY VEHICLE - GUO JIANWEN TENDERED RESI… | RE |
HONG KONG (Reuters) - China Evergrande Group will shift its main business to new energy vehicles within 10 years from property development, the state-backed Securities Times reported on Friday, quoting the developer's chairman Hui Ka Yan as saying.
China's second-largest property developer will reduce its property sales to about 200 billion yuan ($31.31 billion) per year to overhaul its business, Securities Times reported.
Its property sales reached more than 700 billion yuan in 2020, the report quoted Hui as saying.
($1 = 6.3877 Chinese yuan renminbi)
(Reporting by Twinnie Siu and Meg Shen, editing by Louise Heavens)
CHINA EVERGRANDE NEW ENERGY VEHICLE GROUP LIMITED 
