On the evening of June 27th, Eve Energy (stock code 300014) issued a notice regarding the expiration of the plan to reduce holdings of shares in the invested company and the subsequent plan to reduce holdings. The announcement authorized the company's chairman to reduce, at his discretion, up to 3.5% of the shares held by the wholly-owned subsidiary EVE BATTERY INVESTMENT LTD in Smoore International Holdings Limited through bulk trading within one year from the date of approval by the board of directors.
Eve Energy has announced that as of the date of this announcement, the previous divestment plan has expired and the company has not reduced its holdings of Smoore International stock held by EBIL.
In the announcement made by Eve Energy, the company's wholly-owned subsidiary EBIL holds 1,901,520,000 shares of Smoore International, representing approximately 30.98% of the total issued shares of Smoore International.
In order to enhance the company's dynamic market value management, fully utilize existing resources, maximize the company's economic benefits, and further increase investment in research and development platforms, the company plans to seek authorization from the board of directors for the chairman to, within one year from the date of board approval, strategically reduce EBIL's holding of no more than 3.5% (approximately 214.8195 million shares) of Smoore International stock through block trades.
According to the announcement from Eve Energy, the reduction of shares has been approved by the 35th meeting of the sixth board of directors in accordance with the rules of the Shenzhen Stock Exchange's Growth Enterprise Board Listing Rules and the company's articles of association. It does not need to be approved by the company's shareholders meeting.
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