GUANGZHOU

Burning Rock Announces ADS Ratio Change

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星期五, 四月 26, 2024
Sale, London Stock Exchange, Depository Trust Company, NGS, ADS, Effective date, Security (finance)

GUANGZHOU, China, April 26, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that it will change the ratio of its American depositary shares (the “ADSs”) to Class A ordinary shares from one (1) ADS representing one (1) Class A ordinary share to one (1) ADS representing ten (10) Class A ordinary shares (the “ADS Ratio Change”).

Key Points: 
  • GUANGZHOU, China, April 26, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR and LSE: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that it will change the ratio of its American depositary shares (the “ADSs”) to Class A ordinary shares from one (1) ADS representing one (1) Class A ordinary share to one (1) ADS representing ten (10) Class A ordinary shares (the “ADS Ratio Change”).
  • For Burning Rock’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-ten reverse ADS split.
  • No fractional new ADSs will be issued in connection with the change in the ADS Ratio Change.
  • As a result of the ADS Ratio Change, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the ADS Ratio Change will be equal to or greater than ten times the ADS price before the change.

XPENG to Showcase AI-powered Smart EV innovations at Beijing Auto Show 2024

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星期一, 四月 22, 2024
XPENG, The Company, Press Conference (TV program), HKEX, XPEV, Time in China, Conference

GUANGZHOU, China, April 22, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, will attend Beijing Auto Show 2024 and host its Press Conference on Thursday, April 25, 2024, showcasing its latest AI-powered tech advancement and Smart EV innovations.

Key Points: 
  • GUANGZHOU, China, April 22, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. ("XPENG" or the "Company," NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, will attend Beijing Auto Show 2024 and host its Press Conference on Thursday, April 25, 2024, showcasing its latest AI-powered tech advancement and Smart EV innovations.
  • The live broadcast of the XPENG Beijing Auto Show 2024 Press Conference will begin Thursday, April 25, with an English language replay available on Thursday, April 25, via the following links:
    10:20AM Thursday April 25 Beijing Time (GMT+8, or 10:20 PM Wednesday April 24 US Eastern Daylight Time)

XPENG Files 2023 Annual Report on Form 20-F

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星期三, 四月 17, 2024
Tianhe, HKEX, Security (finance), ADS, XPENG, Annual report, XPEV, Cryptocurrency

GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 17, 2024.

Key Points: 
  • GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 17, 2024.
  • The annual report can be accessed on XPENG's investor relations website at https://ir.xiaopeng.com .
  • The Company will provide a hard copy of its annual report, free of charge, to its shareholders and ADS holders upon request.
  • Requests should be directed to [email protected] or Investor Relations Department at XPeng Inc., No.

XPENG Publishes 2023 Environmental, Social and Governance Report

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星期三, 四月 17, 2024
Carbon, Report, HKEX, Social, EVS, EURO, Publication, City, ADAS, AAA, NPS, Service provider, Kilowatt-hour, ESG, Corporate governance, XPENG, XPEV, C-NCAP, Management

GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today published its 2023 Environmental, Social and Governance Report (the “Report”).

Key Points: 
  • GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today published its 2023 Environmental, Social and Governance Report (the “Report”).
  • Key highlights from the 2023 ESG report:
    ESG Achievements: XPENG achieved the highest possible MSCI ESG Rating of AAA.
  • Strengthened Corporate Governance: XPENG strengthened its impartial governance structure, diversifying its Board of Directors with independent non-executive directors accounting for 50% of the Board.
  • To view the full 2023 ESG Report, please visit the ESG section of XPENG’s Investor Relations website: https://ir.xiaopeng.com/esg .

XPENG and the Volkswagen Group Announce Entry into the Framework Agreement on E/E Architecture Technical Collaboration

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星期三, 四月 17, 2024
Connectivity, HKEX, CMP, Software, Partnership, OTA, Volkswagen Group, ADAS, EV, Volkswagen, XPENG, Bit, XPEV, Architecture, Industrial design

GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that XPENG and the Volkswagen Group have entered into a framework agreement on technical collaboration with respect to Electrical/Electronic architecture (“E/E Architecture”).

Key Points: 
  • GUANGZHOU, China, April 17, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG”, NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle company, and the Volkswagen Group, one of the world’s leading automobile manufacturers, are pleased to announce today that XPENG and the Volkswagen Group have entered into a framework agreement on technical collaboration with respect to Electrical/Electronic architecture (“E/E Architecture”).
  • XPENG’s latest generation of E/E Architecture adopts central computing and domain controller based architecture which provides high-performance in-car computing environment and competitive cost structure.
  • Under the E/E Architecture technical collaboration, XPENG and the Volkswagen Group, will jointly develop and integrate XPENG’s latest generation of E/E Architecture to Volkswagen’s China Main Platform (CMP) in China.
  • The technical collaboration based on our industry-leading E/E Architecture takes our partnership to the next level and on a much larger scale.

Highest Performances Holdings Inc. (NASDAQ: HPH) Secures a Share Purchase Agreement from GEM Global Yield LLC SCS (“GEM”) for an Investment of up to US$500 Million

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星期二, 四月 16, 2024
Agreement, Sport, Software, HPH, Intelligence, Intellectual property

GUANGZHOU, China, April 16, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that it has signed a share purchase agreement (the “Agreement”) with GEM Global Yield LLC SCS (“GEM”), a Luxembourg-based private alternative investment group.

Key Points: 
  • GUANGZHOU, China, April 16, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that it has signed a share purchase agreement (the “Agreement”) with GEM Global Yield LLC SCS (“GEM”), a Luxembourg-based private alternative investment group.
  • Subject to the terms and conditions of the Agreement, HPH may increase the Aggregate Limit up to US$1,000,000,000 at a later date by delivering prior written notice to GEM.
  • The funds will be used to fuel the Company's AI development and expansion efforts on a global scale.
  • HPH has the option to issue shares to GEM at its own discretion within the Investment Period.

EHang Files Annual Report on Form 20-F for Fiscal Year 2023

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星期一, 四月 15, 2024
ADS, Bank statement, Annual report, Cryptocurrency

GUANGZHOU, China, April 15, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”) on April 15, 2024.

Key Points: 
  • GUANGZHOU, China, April 15, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the “SEC”) on April 15, 2024.
  • The annual report can be accessed on the Company’s investor relations website at http://ir.ehang.com/ and on the SEC’s website at https://www.sec.gov/ .
  • The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • Requests should be directed to the Company’s Investor Relations Department at [email protected] .

JOYY Inc. Announces Repurchase Right Notification for 1.375% Convertible Senior Notes due 2026

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星期五, 四月 12, 2024
Debt-to-GDP ratio, YY, Trust, Depository Trust Company, Exercise, Citibank, PARTIES, CUSIP, Attention, FICC, Repurchase agreement, Note

The Repurchase Right entitles each holder of the 2026 Notes to require the Company to repurchase for cash on June 15, 2024 (the “Repurchase Date”), all of such holder’s 2026 Notes, or any portion thereof that is an integral multiple of US$1,000 principal amount, at a repurchase price that is equal to 100% of the principal amount of the 2026 Notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the Repurchase Date, subject to the terms and conditions of the Indenture and the 2026 Notes.

Key Points: 
  • The Repurchase Right entitles each holder of the 2026 Notes to require the Company to repurchase for cash on June 15, 2024 (the “Repurchase Date”), all of such holder’s 2026 Notes, or any portion thereof that is an integral multiple of US$1,000 principal amount, at a repurchase price that is equal to 100% of the principal amount of the 2026 Notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the Repurchase Date, subject to the terms and conditions of the Indenture and the 2026 Notes.
  • The Repurchase Date is an interest payment date under the terms of the Indenture and the 2026 Notes.
  • If all outstanding 2026 Notes are surrendered for repurchase through exercise of the Repurchase Right, the aggregate cash repurchase price will be US$406,038,000.
  • The offer to purchase the 2026 Notes will be only pursuant to, and the 2026 Notes may be tendered only in accordance with, the Company’s Repurchase Right Notice dated April 12, 2024 and related documents.

XPENG Expands Footprint with Entry Into Hong Kong and Macau

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星期三, 四月 10, 2024
XPeng, HKEX, EVS, Travel, City, SUV, Partnership, XPENG, XIN, XPEV, Growth, Airline

GUANGZHOU, China, April 10, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today expands its footprint through a dealer partnership with Sime Darby Motors in Hong Kong.

Key Points: 
  • GUANGZHOU, China, April 10, 2024 (GLOBE NEWSWIRE) -- XPENG Motors (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today expands its footprint through a dealer partnership with Sime Darby Motors in Hong Kong.
  • Entry into Hong Kong is a strategic next step for XPENG's business expansion.
  • Coupled with Sime Darby Motors’ years of sales experience in the Hong Kong automotive market, we are excited to bring the premium XPENG experience to Hong Kong.”
    Tommy Wong, Managing Director of Hong Kong & Macau, Sime Darby Motors (HK) Limited, said: “We are delighted to have been selected as the official authorized agent of XPENG Motors in the Hong Kong market.
  • Alongside Hong Kong, XPENG is also set to enter Macau with partner XIN KANG HENG HOLDING LTD, offering XPENG models G9, X9, G6, and P7i.

EHang Announces Appointment of Co-Chief Operating Officer

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星期二, 四月 9, 2024
Tsinghua University, Certification, Growth, Information technology, Computer science, Architecture, UAM, EHang, Atmosphere, Water, Summer Olympic Games, Marketing, Management

Mr. Wang will be in charge of EHang’s business operations, with a focus on business development, product sales, marketing, commercial operations for UAM services.

Key Points: 
  • Mr. Wang will be in charge of EHang’s business operations, with a focus on business development, product sales, marketing, commercial operations for UAM services.
  • He will report to Mr. Huazhi Hu, the Founder, Chairman and CEO of EHang.
  • Prior to joining EHang, Mr. Wang worked for Antaeus Group, a Chinese group enterprise with cross-industry services in resort, film and art, as the Chief Executive Officer (“CEO”) of Mangrove Tree Technology Group from June 2020 to March 2024.
  • We look forward to working closely with Mr. Wang in accelerating our growth into a new stage.”
    Mr. Zhao Wang, Co-COO of EHang, commented, “I am delighted to join EHang as the Co-COO.