Evergrande Motor announced on the HKEx on the evening of January 1, 2024 that the Newtown Group Subscription Agreement and the Debt-to-Equity Subscription Agreement had lapsed on December 31, 2023.。However, Evergrande said that the contracting parties to the Newton Group Subscription Agreement and the Debt-to-Equity Subscription Agreement, as well as certain stakeholders, have been and will continue to consult on amending certain key terms of the proposed transaction and debt-to-equity conversion.。