BRAINHOLE TECH (02203) further sold a total of 51,000 shares of Xiaopeng Motors.
13/02/2025
GMT Eight
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.