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

Home » Business News (China) » China Evergrande’s EV unit grants share options to directors, 3,000 plus employees to ‘promote and support’ development

The electric vehicle (EV) unit of China Evergrande Group, the world’s most indebted developer, has granted share options worth HK$1.26 billion (US$162 million) to directors and employees in a bid to “promote and support” the company’s development, according to a filing on Tuesday.A total of 323.72 million share options were granted to three independent non-executive directors and around 3,180 employees of China Evergrande New Energy Vehicle. The share options will be exercisable in four…

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