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Shareholding Reflects Industry Confidence in Global Electric Bus Market
HONG KONG SAR – Media OutReach – 21 January 2021 – China Dynamics (Holdings) Limited (the “Company”; Stock Code: 476), together with its subsidiaries, collectively “China Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, has received notice from highly-reputable e-mobility industry pioneers from Europe and Asia, that they collectively bought over 6% of the Company’s total issued shares to support the acceleration of its internationalization strategy.
Mr. Miguel Valldecabres Polop, CEO of China Dynamics, said, “The Group recently tapped into the Southeast Asia market with the launch of electric buses in the cities of Davao and Pasay in the Philippines. The shareholding from the four international investors, namely Dato Sri Johan Young, Mr. Endika Aboitiz, Mr. Michael Perskche and Mr. Frank Kanayet, serves as a powerful endorsement o ....

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