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Huada Auto completes share issuance for asset purchase, funding

May 27, 2025 at 05:09 PM UTC•By FilingReader AI

Huada Automotive Technology Corp (SSE:603358) announced the completion of its share issuance related to the acquisition of Jiangsu Hengyi Industrial Technology and fundraising activities. The offering, priced at CNY 29.10 per share, saw the issuance of 10,206,185 shares to specific investors, raising a total of CNY 296,999,983.50 before expenses. This brings the total share capital to 469,743,076 shares.

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

Primary Source Document

Huada Automobile Technology Co., Ltd.'s Implementation of Issuing Shares and Paying Cash to Purchase Assets and Raising Supporting Funds and Announcement on the Listing of New SharesMay 27, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement on the Results of the Issuance of Shares to Specific Targets and the Change of Share Capital in relation to the Issuance of Shares and the Payment of Cash to Purchase Assets and Raise Matching FundsMay 27, 2025 at 08:00 AM UTC

Huada Automotive Technology Corp

SSE:603358•Shanghai Stock Exchange

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