Once again, Evergrande proves what Evergrande speed is. According to the platform of shenzhen securities regulatory bureau, Evergrande automobile tutoring institution haitong securities disclosed that the first phase of tutoring work of Evergrande automobile technology innovation board has been completed on September 22 solstice on October 13. This is less than a month after Evergrande auto announced its IPO on the Shanghai stock exchange and began tutoring for filing less than a month.

        According to haitong securities disclosure, this counseling basically achieved the expected mentoring effect. However, in the first phase of counseling, Evergrande automobile still had five major problems, namely, combing and standardization of related party transactions, qualification of independent directors, risk disclosure involved in new car research and development, impairment of goodwill, and combing foreign patents.

        Aiming at these five problems, Haitong Securities proposed corresponding solutions. As for the existing problems and risks, the relevant rectification work is progressing, and the prospectus will plan to disclose the relevant risk tips.

       In particular, the risk disclosure issues involved in new car research and development, because Evergrande new energy vehicles have not yet been developed and are expected to fail to reach the mass production state in the examination and approval stage of science and technology innovation board, the company continues to carry out large-scale investment in new energy vehicles. In this regard, Evergrande automobile plans to make a special risk notice in the prospectus.

      In addition, there is also the goodwill impairment problem, which is widely criticized by netizens. Evergrande automobile will employ an independent third-party appraiser to conduct the goodwill assessment, so as to ensure the objective reflection of the true goodwill value. As for the sorting out of foreign patents, Evergrande automobile plans to require foreign intellectual property lawyers to issue special verification opinions.

       All in all, Evergrande is one step closer to its dream of a Shanghai stock exchange. However, for the industry, for consumers, I am afraid that only as soon as possible to come up with a production car to convince the market.