Page 52 - Super City News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On October 19th, Xiaokang shares (601127) issued an announcement saying that in order to further improve the company's capital strength and comprehensive competitiveness, according to the company's development strategy and operational needs, the company plans to issue overseas listed shares and apply for listing on the main board of the Hong Kong Stock Exchange, after deducting the relevant issuance fees. It will be used for the development of the company's high-end intelligent electric vehicle business, including, but not limited to, product and technology development, R & D and production facilities upgrading, marketing and brand building, as well as the company's working capital and general corporate uses.

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