Zhitong Finance App News, Easy Control Smart Driving (07687.HK) issued an announcement. The board of directors of the Company was notified by Mr. Lan Shuisheng, Co-Chairman, Executive Director, CEO and one of the controlling shareholders of the Company. Based on recognition of the company's value and confidence in the company's overall future business development and growth potential, Mr. Lan plans to increase its H shares in the open market within about 6 months from the date of this announcement. The total cost of the increase is expected to not exceed HK$10 million. Mr. Lan may increase his holdings of the Company's H shares from time to time in accordance with market conditions and applicable regulatory requirements.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.