China Evergrande New Energy Vehicle Group Limited (EVGRF) Research

China Evergrande New Energy Vehicle Group Limited, an investment holding entity, conducts its diverse business operations across the People's Republic of China, Europe, and on an international scale. The enterprise is strategically structured into two main divisions: Health Management and New Energy Vehicle. Under its Health Management segment, the company is involved in the creation and sale of health-focused living properties. It also delivers a range of services, including comprehensive community health programs, advanced medical cosmetology, anti-aging therapies, and extensive elderly care and rehabilitation. Additionally, this division handles the wholesale distribution of home care and various healthcare products, offers healthcare services, and provides software solutions. Its scope further extends to pharmaceutical research and development, along with the production of medical equipment. The New Energy Vehicle division focuses on the research, development, manufacturing, and marketing of new energy vehicles, alongside related vehicle living initiatives. This segment also covers the production and sale of smart mobility products and lithium-ion batteries. Originally founded in 1999 as Evergrande Health Industry Group Limited, the company re-branded to China Evergrande New Energy Vehicle Group Limited in August 2020. Headquartered in Guangzhou, China, it operates as a subsidiary of the China Evergrande Group.

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