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Eve Energy Co., Ltd.: Plans to extend the Shareholding of 3.5% in SMOORE INTL.

Breakings ·  Jun 16 18:44

Eve Energy Co.,Ltd. (300014.SZ) announced that its wholly-owned subsidiary EVE BATTERY INVESTMENT LTD. holds 30.73% of the shares in SMOORE INTL. To enhance Market Cap management, the company plans to extend the previous Shareholding plan, authorizing the Chairman to reduce the stake in SMOORE INTL by no more than 3.5% over the next year through bulk trades and centralized bidding, approximately 216.5785 million shares. This Shareholding plan does not constitute a related-party transaction or a major asset reorganization and does not require approval from the Shareholders' meeting.

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