BRIEF-China Evergrande New Energy Vehicle Group Says It Delivered Over 900 Hengchi 5 Units

China Evergrande New Energy Vehicle Group Ltd: * HAS CONTINUED MASS PRODUCTION OF HENGCHI 5

* AS AT MARCH 23, GROUP HAS DELIVERED OVER 900 UNITS OF HENGCHI 5 * IN FACE OF INABILITY TO OBTAIN ADDITIONAL LIQUIDITY, GROUP IS AT RISK OF DISCONTINUING PRODUCTION

* IF CO IS ABLE TO OBTAIN FINANCING OF MORE THAN RMB29 BILLION IN FUTURE, IT PLANS TO LAUNCH NUMBER OF FLAGSHIP MODELS * TRADING IN SHARES OF CO WILL REMAIN SUSPENDED UNTIL FURTHER NOTICE

* CURRENTLY CONSIDERING DISPOSAL OF RESIDENTIAL AND PROPERTY DEVELOPMENT PROJECTS Further company coverage:

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