Botech Automotive (02889) Approves H-Share Full Circulation Plan for 71.7M Shares on July 13

According to its public announcement, Botech Automotive (02889) received board approval on July 13 to implement an H-share full circulation plan. The company plans to convert 71.78 million domestic shares, representing approximately 44.31% of its issued share capital, into H-shares. The conversion will proceed following approval from the China Securities Regulatory Commission and the Hong Kong Exchanges and Clearing Limited, after which the H-shares will be listed on the HKEX Main Board.
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