\n<\/p>\n
HONG KONG SAR –\u00a0Media OutReach<\/a>\u00a0– 25 May 2021 –\u00a0China Dynamics (Holdings) Limited<\/a><\/b> (the
\u00a0<\/p>\n
“As the world’s leading exchange for emerging growth companies, we see a
\u00a0<\/p>\n
Since 2014, China Dynamics has emerged as a leading pioneer manufacturer
\u00a0<\/p>\n
“We also consider this an opportune time for the Proposed Listing as the
\u00a0<\/p>\n
The Company’s plans for the U.S. follows recently gaining major footholds
\u00a0<\/p>\n
Nasdaq’s acceptance for
\n“Company”; Stock Code: 476, together with its subsidiaries,
\ncollectively “China Dynamics” or the “Group”), a global leader in
\nelectric vehicle (EV) technology, has initiated the application process to list
\nthe Company’s common shares on the Nasdaq (the “Proposed Listing”). Upon
\napproval for trading on the Nasdaq, the Company would continue to trade on The
\nStock Exchange of Hong Kong Limited.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nNasdaq listing elevating our profile in the global investment community and
\nincreasing awareness of our ongoing global deployments of our advanced EV
\ntechnologies,” stated China Dynamics CEO Miguel Valldecabres Polop<\/b>. “It
\nis anticipated that additional working capital will be required for the
\ndevelopment of our EV business and general working capital. We have considered
\nvarious ways of raising funds and are of the view that the Proposed Listing
\nrepresents an attractive opportunity to drive greater market participation and
\nliquidity for our shareholders, increase our base of U.S. retail and
\ninstitutional investors, attract analyst coverage, and ultimately enhance
\nshareholder value over the near and long term.”<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nin electric drivetrain and vehicle networking. It is an integrated driving and
\nlogistics solutions provider with the field of lightweight automotive body
\ndesign and new energy platform power system.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nGroup plans to launch several new growth initiatives under the announced
\nproposed name change to EV Dynamics (Holdings) Limited which coincided with the
\nrecently proposed federal investments for EV and EV infrastructure announced by
\nthe U.S. Government. Our aim is to achieve a valuation that better reflects the
\ntrue value of our proprietary technology and rapid growth, especially now that
\nit has penetrated the overseas sales market on EV,” added Miguel Valldecabres
\nPolop.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nin the Americas<\/a>, Europe<\/a>, Middle East<\/a>, South East Asia<\/a>\u00a0and Japan<\/a>\u00a0through strategic investments, joint ventures, partnerships and large fleet sales<\/a>.<\/p>\n
\n
<\/p>\n
\n
<\/p>\n
\nlisting the Company’s shares on the Nasdaq is subject to approval based on
\nseveral factors, including satisfaction of minimum listing requirements. The
\nCompany expects to satisfy those listing requirements; however, there can be no
\nassurances when or if the application will be approved by Nasdaq.<\/i>