According to Zhitong Finance App News, Botai Auto Federation (02889.HK) issued an announcement. Based on the “Business Guidelines for Applying for “Full Circulation” for Unlisted Shares in H Share Companies” and taking into account the intentions received by the company's shareholders, the company plans to convert 71.6978 million domestic shares of the company (accounting for about 44.31% of the total number of shares issued by the company on the date of this announcement) to implement full circulation of H shares.

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