On September 10,Watch Fresh Feet Afternoon Online Chinese electric vehicle manufacturer WM Motor announced the voluntary termination of its RTO (Reverse Takeover) process with Apollo Future Mobility Group (AFMG) on the Hong Kong Stock Exchanges and Clearing. The move means that WM Motor’s plans to go public through a back-door listing have fallen through, according to Chinese news outlet Caixin. In January this year, the Hong Kong listed AFMG said it planned to acquire a WM Motor subsidiary for approximately $2.02 billion. Following the acquisition, WM Motor would have held 31.1 billion shares of AFMG, representing a 68.26% ownership stake. Industry insiders saw this move as an ambitious attempt by WM Motor to go public in Hong Kong by making AFMG its shell company. WM Motor was once a leading electric vehicle startup in the Chinese market. In 2019, it ranked second among electric vehicle startups with an annual delivery volume of 16,876 units. In 2020, WM Motor delivered 22,495 vehicles, ranking fourth among EV startups including Nio, Xpeng, and others. In 2021, the firm slipped to fifth, delivering 44,157 vehicles. In 2022, WM Motor’s deliveries dropped significantly to 29,450 vehicles, representing a year-on-year decrease of 33.3%. [Caixin, in Chinese]
Vernestra has to be Qimir's old Jedi Master in 'The Acolyte,' right?NYT's The Mini crossword answers for July 4Internet Princess Rayne FisherThe most stunning things NASA scientists just saw on volcano world IoByteDance denies reported $7 billion plan for NVIDIA chips · TechNodeBlack Myth: Wukong Xbox version delayed due to memory limitations · TechNodeNASA can finally touch the 'rarest' rocks on EarthInternet Princess Rayne FisherJapan's SLIM moon lander snaps eerie photo — and it could be its lastChinese car maker GAC to use humanoid robots powered by solidBolivia vs. Panama 2024 livestream: Watch Copa America for freeNetEase unveils new martial arts RPG Sword Heart Dragon Carver · TechNodeCosta Rica vs. Paraguay 2024 livestream: Watch Copa America for freeNetEase to launch mobile version of new martial arts game Where Winds Meet next week · TechNodeAstronomers discover cyclones ravage this exoplanetUS weighs potential regulations on Chinese drones · TechNodeNASA reveals how spacecraft will land on tantalizing ocean worldiPhone X and firstThe most stunning things NASA scientists just saw on volcano world IoNASA finally opened its prized asteroid canister, and you can look inside Consequently, I Rejoice by Sadie Stein 'Black Mirror' used books as clues in 'Beyond the Sea' Maisie Williams asks about Bitcoin. Memefest ensues, and Elon Musk joins the party. Reddit CEO Steve Huffman doubles down on API changes Cover Art by Lorin Stein James Bond’s Breakfast, and Other News by Sadie Stein Cake and Pie, and Other News by Sadie Stein Crusoe in California by Sophie Pinkham Reading Rooms of Your Dreams, and Other News by Sadie Stein Banned books: Here's where to read them for free 'Quordle' today: See each 'Quordle' answer and hints for June 16 Google, maker of AI chatbot Bard, warns its employees about using chatbots Literary Vinyl by Sadie Stein Story Time! by Sadie Stein ‘Extraction 2’ review: Big, dumb, but not enough fun Reddit to protesting mods: Reopen or be removed as API protest continues Reddit suffers partial outage amid blackout protests The Joy of Books by Sadie Stein What I learned watching 'Black Mirror' with drag queens Trixie Mattel and Katya 15 of the best animal photos from 2020
2.0754s , 10094.3515625 kb
Copyright © 2025 Powered by 【Watch Fresh Feet Afternoon Online】,Exquisite Information Network