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UBTECH ROBOTICS Announces Successful Share Placement
UBTECH (09880) completed the issuance of 1.42 million shares of placement shares.
UBTECH (09880) announced that the board of directors is pleased to announce the completion of the placement on August 8, 2024. ...
Zeekr Follows Nio in Piloting Use of Humanoid Robots in Factory
Hong Kong stocks have changed significantly | UBTech (09880) rose more than 6% urgently. The company has reached a strategic cooperation with Geely and Miracle Automation Engineering in commercializing humanoid robots with promising prospects.
UBTECH (09880) rose over 6% in mid-day trading, and as of press time, it was up 2.76%, trading at HKD 104.3, with a turnover of 19.2398 million Hong Kong dollars.
UBTECH Robotics Corp. announced its plan to adopt the incentive scheme for its H shares.
UBTECH (09880) announced that its board of directors recommended the adoption of an H-share incentive plan at the board meeting held on July 31, 2024. The H-share incentive plan will take effect after being reviewed and approved by shareholders at the extraordinary general meeting. The plan aims to promote the company's long-term sustainable development and achieve performance targets, align the interests of incentive recipients with shareholders, investors, and the company, enhance the company's cohesion, and promote the maximization of the company's value; and improve the company's incentive mechanism to attract, motivate, and retain directors who make significant contributions to the company's continuous operation, development, and long-term growth.
UBTECH (09880.HK) plans to issue 1.42 million new H-shares, with a total contract value of 0.131 billion Hong Kong dollars.
On August 1st, Gelunhui announced that UBTECH (09880.HK) has entered into a placement agreement with placement agents (Guotai Junan International and TradeGo Markets) on August 1, 2024. Under this agreement, the placement agents have agreed to use their best efforts individually (but not jointly or jointly and individually) as agents of the company, to induce subscribers to subscribe for a total of 1.42 million new H shares at a placement price of HKD 92.00 per H share, in accordance with the provisions of the placement agreement and within the limits of its terms. The placement shares account for approximately 0.34% of the company's issued share capital as of the date of this announcement, as well as the issued shares and the placement.
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