BRAINHOLE TECH (02203) further sold a total of 51,000 shares of Xiaopeng Motors.

16:45 13/02/2025

Brainhole Technology (02203) announced on February 13, 2025, following the previous announcement of the sale of Xiaopeng...

BRAINHOLE TECH (02203) announced that on February 13, 2025, in addition to the previously disclosed sale of shares in Xiaopeng Motors, the company further sold a total of 51,000 shares of Xiaopeng Motors on the open market for a total consideration of approximately $800,000 (equivalent to approximately $6.3 million Hong Kong dollars) (excluding transaction costs). Due to the further sale of Xiaopeng Motors shares, the group expects to recognize revenue of approximately $40,000.

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