Description

China Evergrande New Energy Vehicle Group Limited operates as a global investment holding company, with significant business activities spanning the People's Republic of China, Europe, and other international markets. The company's operations are distinctly categorized into two primary divisions: Health Management and New Energy Vehicles. Under its Health Management segment, the firm is engaged in the development and sale of specialized health and lifestyle-oriented real estate. It also delivers an array of services, including community health programs, medical aesthetic procedures, anti-aging treatments, and comprehensive care and rehabilitation for the elderly. Additionally, this division handles the wholesale distribution of home care and various healthcare products, offers a suite of healthcare and software services, conducts pharmaceutical research and development, and manufactures medical equipment. The New Energy Vehicle segment is committed to the research, development, production, and sales of cutting-edge smart mobility solutions and lithium-ion batteries. This encompasses the entire lifecycle of new energy vehicles and associated vehicle living projects. Established in 1999 and based in Guangzhou, China, the company underwent a rebranding from Evergrande Health Industry Group Limited to its current name in August 2020. It operates as a subsidiary of the larger China Evergrande Group.