Smoore Announces Release of Major Share Pledges

Smoore International Holdings Limited (HK:6969) has released an update.

Smoore International Holdings Limited has announced that its controlling shareholder EVE BATTERY INVESTMENT LTD. has fully repaid its loan to CHINA CONSTRUCTION BANK (ASIA), resulting in the release of a pledged 0.3 billion shares, which accounts for roughly 4.89% of the company’s issued share capital. This voluntary announcement reflects a strengthening of the company’s financial position and shareholder confidence.

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