tiprankstipranks
Smoore Announces Release of Major Share Pledges
Company Announcements

Smoore Announces Release of Major Share Pledges

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

Pick the best stocks and maximize your portfolio:

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.

For further insights into HK:6969 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App