Zhejiang Leapmotor Technology Co., Ltd. Class H ( (HK:9863) ) just unveiled an update.
Zhejiang Leapmotor Technology Co., Ltd. has received approval from the China Securities Regulatory Commission (CSRC) for the registration of the issuance of new domestic shares under a general mandate. This approval allows the company to proceed with the subscription of shares to specific recipients, which is expected to enhance its capital base and support its strategic growth initiatives. The approval is valid for 12 months, and the company must adhere to regulatory requirements throughout the process. This development is significant for stakeholders as it positions Leapmotor to strengthen its market presence and potentially increase its competitiveness in the electric vehicle sector.
More about Zhejiang Leapmotor Technology Co., Ltd. Class H
Zhejiang Leapmotor Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the automotive industry. The company is focused on the development and production of electric vehicles, aiming to cater to the growing demand for sustainable transportation solutions.
YTD Price Performance: 50.54%
Average Trading Volume: 8,933,555
Technical Sentiment Signal: Sell
Current Market Cap: HK$65.51B
See more data about 9863 stock on TipRanks’ Stock Analysis page.