[ET Net News Agency, 2 November 2020] China Evergrande Group (03333) said Evergrande
Group Limited (a wholly-owned subsidiary of the group) has agreed to transfer the 40.964%
equity interests it held in Guanghui Industrial to Shenergy Group Limited for a total
consideration of RMB14.85 billion.
Guanghui Industrial engages in the fields of energy development, auto services, modern
logistics, and real estate services. (RC)