On May 29th, Shanzefeng, Deputy Secretary of the Binhai New Area Committee and District Mayor, led a team to conduct research and provide support at HengChi Automotive's Tianjin factory. He emphasized the full support for the company's development and the continuous stimulation of new energy vehicle industry.
HengChi Automotive's Tianjin factory has fully resumed production on May 23rd. Liu Yongzhuo, the President of HengChi Automotive, stated that the company will accelerate the production and delivery of HengChi 5, and continue to promote the research, development, and production of subsequent models. They aim to expand and strengthen the company, making a significant contribution to the economic development of Binhai New Area and even Tianjin City.
In March of this year, HengChi Automotive announced that the shareholders' meeting of Evergrande Auto had agreed to sell 47 real estate projects owned by HengChi Automotive to China Evergrande and its affiliated companies. This signifies the completion of Evergrande Auto's divestment from the real estate business, transforming into a pure new energy vehicle company. We also hope that HengChi Automotive will continue to thrive.
