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WOER Mulls Public Offering of Shanghai Kete and Transfer Listing to Beijing Stock Exchange
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WOER (09981.HK) announced that it is considering conducting a public offering of its non-wholly owned subsidiary, Shanghai Kete (literal translation of "上海科特"), and transferring its listing from the National Equities Exchange and Quotations (NEEQ, also known as the New Third Board) to the Beijing Stock Exchange. At present, Shanghai Kete is owned as to 78.76% by the company and is principally engaged in the research and development, manufacturing and sales of safety protection products for power batteries used in new energy vehicles. Auto-translated by AI AASTOCKS Financial News |
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