Smore International (06969) transferred a total market value of HK$4.335 billion, accounting for 8.08% of the transfer of 500 million shares from Hong Kong and Shanghai HSBC

Zhitongcaijing · 2d ago

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on July 29, Smore International (06969) changed positions, with a total transfer market value of HK$4.335 billion, accounting for 8.08%. The company's shareholders transferred 500 million shares to Citibank and 500 million shares from Hong Kong and Shanghai HSBC.

SMOORE International previously announced that on July 3, 2026, EVE Battery Investment Ltd. (EVE Battery), its wholly-owned subsidiary EVE Battery Investment Ltd. (EVE Battery) has obtained approval from the board of directors to reduce its shares in the company by up to 3.5% (about 217 million shares) (new 3.5% sales) of the company's total issued shares within one year from the date of approval of the board of directors. The specific implementation is affected by various aspects such as the timing of the reduction in holdings and the price of the holdings reduction. There is still uncertainty. Investors are kindly requested to pay attention to investment risks.

As of July 3, 2026, EVE Battery is the holder of approximately 1,884 million shares of the company, accounting for about 30.25% of the company's total issued shares. EVE Battery is directly owned by Everweft Asia Limited, while Everweft Asia Limited is wholly owned by Everweft Lithium Energy. Ms. Jiang Min, a non-executive director of the company, is the board director, board secretary, vice president and chief financial officer of Everweft Lithium Energy. Assuming Everweft Lithium completes the new 3.5% sales described above, it will no longer be the company's controlling shareholder thereafter.