GAC Aion's Equity Transfer and IPO Preparation in Hong Kong

TapTechNews August 7th news, yesterday, the Beijing Equity Exchange announced a investment invitation notice yesterday, showing that part of the equity of GAC Aion New Energy Automobile Co., Ltd. was transferred by listing method, and it was also mentioned that GAC Aion is currently preparing for the IPO listing work on the Hong Kong stock market recently, but the above notice has been removed now.

In response, the contact person of this project responded to Hongxing Capital Bureau and said that the investment invitation notice has been revoked: We invested in the equity of GAC Aion through a partnership enterprise. According to the feedback from GAC Aion, let us not penetrate directly to his equity, and let us only write the transfer of the portion we hold. So now if we want to sell, we can only sell the portion at the level of this partnership enterprise.

Referring to the previous report of TapTechNews, the investment invitation notice shows that GAC Aion is currently preparing for the IPO listing work on the Hong Kong stock market, and currently all the listing preparation work is being carried out as scheduled. The investment invitation notice shows that in 2023, the cumulative sales volume of GAC Aion exceeded 480,000 units, an increase of 77% year-on-year.

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GAC Aion plans to list in Hong Kong and is promoting IPO work