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iMotion Automotive Advances H Share Circulation with CSRC Filing Notice

Story Highlights
  • iMotion Automotive has completed the filing application for converting Unlisted Shares into H Shares.
  • Further procedures are needed for completion, impacting the company’s market presence strategy.
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An announcement from iMotion Automotive Technology (Suzhou) Co., Ltd. Class H ( (HK:1274) ) is now available.

iMotion Automotive Technology has announced the issuance of a filing notice by the CSRC regarding the full circulation of its H shares. The company has completed the filing application for the conversion and listing of its 100,066,170 Unlisted Shares into H Shares, with further procedures required for completion. The announcement signifies a significant step in the company’s strategy to enhance its market presence, though completion is contingent on fulfilling additional regulatory requirements.

More about iMotion Automotive Technology (Suzhou) Co., Ltd. Class H

iMotion Automotive Technology (Suzhou) Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the automotive technology industry. The company is engaged in the development and provision of automotive technology solutions and is listed on the Hong Kong Stock Exchange under the stock code 1274.

YTD Price Performance: -11.35%

Average Trading Volume: 3,103,757

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$3.17B

For detailed information about 1274 stock, go to TipRanks’ Stock Analysis page.

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