Government subsidies to Evergrande Auto from 2019 to 2023

1
From 2019 to 2023, Evergrande Auto received government subsidies of 1.363 billion yuan, 1.194 billion yuan, 409 million yuan, 0 yuan and 0 yuan respectively. This change reflects the increase in government subsidies after Evergrande Auto signed a cooperation agreement with local governments during the car manufacturing process, and the subsequent reduction of subsidies after the debt risk broke out.