Smore International: Controlling shareholder EVE BATTERY has released the pledge of 300 million shares

Smore International: Controlling shareholder EVE BATTERY has released the pledge of 300 million shares

Smore International Holdings Limited (stock code: 6969) issued a voluntary announcement announcing that its controlling shareholder EVE BATTERY INVESTMENT LTD. ("EVE BATTERY") pledged 300 million Smore International shares (accounting for approximately 4.89% of the issued share capital) ) has been lifted and revoked.

On May 21, Smore International Holdings Co., Ltd. (stock code: 6969) issued a voluntary announcement, announcing that its controlling shareholder EVE BATTERY INVESTMENT LTD. ("EVE BATTERY") has successfully released its share pledge.

The announcement mentioned that EVE BATTERY's parent company Yiwei Asia Co., Ltd. has repaid all outstanding loan amounts to China Construction Bank (Asia) Co., Ltd. Therefore, according to the pledge agreement signed by both parties, the 300 million shares of Smore International (accounting for approximately 4.89% of the issued share capital) pledged by EVE BATTERY have been released and revoked.

It is reported that members of the board of directors of Smore International include executive directors Mr. Chen Zhiping, Mr. Xiong Shaoming, Mr. Wang Guisheng and Ms. Wang Xin, non-executive director Ms. Jiang Min, and independent non-executive directors Mr. Zhong Shan, Mr. Yan Xiaoying and Dr. Wang Gao.