FilingReader Intelligence

JAC Motors trims A-share issuance plan, focuses on EVs

April 21, 2025 at 05:11 PM UTCBy FilingReader AI

Anhui Jianghuai Automobile Group Corp (JAC Motors, SSE:600418) is scaling back its A-share issuance plan, according to a series of announcements. The company will reduce the total capital raised through a private placement to specific targets from CNY4.9 billion to CNY3.5 billion. The revised plan centers on bolstering core technologies within the electric vehicle (EV) sector.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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