A launch ceremony for the production of China Evergrande New Energy Vehicle’s electric cars in Tianjin, China, on June 29, 2019. Photo: Handout A launch ceremony for the production of China Evergrande New Energy Vehicle’s electric cars in Tianjin, China, on June 29, 2019. Photo: Handout
A launch ceremony for the production of China Evergrande New Energy Vehicle’s electric cars in Tianjin, China, on June 29, 2019. Photo: Handout

China Evergrande’s EV unit grants share options to directors, 3,000 plus employees to ‘promote and support’ development

  • China Evergrande New Energy Vehicle, which is developing the Hengchi car brand, has granted 323.72 million share options worth HK$1.26 billion (US$162 million) to three directors and 3,000 plus employees
  • The options are exercisable from March 20 next year at HK$3.90 per share, 34 per cent higher than Monday’s closing price of HK$2.90

Topic |   China Evergrande Group
A launch ceremony for the production of China Evergrande New Energy Vehicle’s electric cars in Tianjin, China, on June 29, 2019. Photo: Handout A launch ceremony for the production of China Evergrande New Energy Vehicle’s electric cars in Tianjin, China, on June 29, 2019. Photo: Handout
A launch ceremony for the production of China Evergrande New Energy Vehicle’s electric cars in Tianjin, China, on June 29, 2019. Photo: Handout
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