Lingpao Motors: Shareholders invest HK$230 million to increase their stake in the company.
In the documents submitted to the Hong Kong Stock Exchange, Seres Automobile stated that, based on confidence in the company's future development, two shareholders recently purchased a total of approximately 5.1 million H shares on the market. Chairman and CEO Zhu Jiangming and shareholder Fu Liquan purchased shares at an average price of around HK$45.10 per share, with a total increased holding amount of HK$230 million. After the increase, Zhu Jiangming, Fu Liquan, and the largest single shareholder group collectively hold 23.89% of the total issued shares.
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