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Tsaker New Energy Tech Completes Key Share Repurchase
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Tsaker New Energy Tech Completes Key Share Repurchase

Tsaker New Energy Tech Co., Limited (HK:1986) has released an update.

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Tsaker New Energy Tech Co., Limited has announced the completion of part of their 2023 Repurchase Right, resulting in a payment of over RMB40 million to Hebei Industrial Investment and Cangfu Equity Investment. This transaction alters the shareholding structure, with Tsaker Hong Kong maintaining a significant 71.75% interest in Tsaker Technology. The 2024 Repurchase Right for Changzhou Xinjin Ruiying Venture Capital and Xingaodi Capital is now effective, marking a strategic shift in shareholder dynamics.

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