Evergrande strips off its real estate business to focus on new energy track

[Evergrande strips real estate business to focus on new energy racetrack]-Evergrande Motor announced on May 12 that the shareholders' meeting had agreed to sell 47 real estate projects to China Evergrande and its subsidiaries. This means that Evergrande has completed the divestiture of its real estate business and become a pure new energy car company.