HONG KONG SAR – Media
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Pursuant to the agreement, Ev Dynamics has conditionally
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The issue price of HK$0.18 represents a premium of
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Upon completion of the deal, the Company will hold a
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Mr.
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Mr.
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Mr.
HONG KONG SAR – Media
OutReach – 29 July 2021 – Ev Dynamics (Holdings) Limited (the “Company”, formerly known as China
Dynamics (Holdings) Limited; Stock Code: 476, together with its subsidiaries,
collectively “Ev Dynamics” or the “Group”), which provides new energy
vehicles and technology integrated solutions, has signed a share swap agreement
with Quantron AG …<\/p>\n","protected":false},"author":1,"featured_media":16636,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16635"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=16635"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/16635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/16636"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=16635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=16635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=16635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nOutReach<\/a> – 29 July 2021 – Ev Dynamics (Holdings) Limited <\/b>(the “Company”, formerly known as China
\nDynamics (Holdings) Limited; Stock Code: 476, together with its subsidiaries,
\ncollectively “Ev Dynamics” or the “Group”), which provides new energy
\nvehicles and technology integrated solutions, has signed a share swap agreement
\nwith Quantron AG (“Quantron”), a Germany-based company engaging in inner city e-mobility
\nand regional passenger and freight transport, in a bid to expand its global new
\nenergy vehicle production, engineering, marketing and sales, and after-sale service
\nsetup.<\/p>\n
\n
<\/p>\n
\n
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\nagreed to subscribe for 6,459 subscription shares of Quantron, representing
\napproximately 10.18% of the enlarged share capital of the German company,
\nat a consideration of EUR5,000,000 (equivalent to approximately HK$45,848,191).
\nThe consideration shall be satisfied by the Company via allotment and issuance of
\n254,712,175 consideration shares at HK$0.18 per share to Quantron.<\/p>\n
\n
<\/p>\n
\n
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\napproximately 44.00% to the closing price of HK$0.125 per share as quoted on The
\nStock Exchange of Hong Kong Limited on 28 July 2021, being the last trading day
\nprior to the date of the agreement.<\/p>\n
\n
<\/p>\n
\n
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\ntotal of 9,157
\nshares of Quantron, representing approximately 14.43% of the enlarged share
\ncapital of the German company.<\/p>\n![](\"https:\/\/release.media-outreach.com\/release.php\/Images\/Thumb\/500x0\/166482\/Picture-1.png#image-166482\")
<\/p>\nMr. Miguel Valldecabres Polop, CEO of Ev Dynamics (left) and Mr. Andreas Haller, member of the board and founder of Quantron (right) believe that the share swap is another milestone in the strategic growth of the two companies.<\/i><\/h5>\n
\n
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\nMiguel Valldecabres Polop, CEO of Ev Dynamics<\/b>, said: “The share swap will enable both companies to speed
\nup profitable growth and reap synergies from sharing technical knowhow and
\nrespective market coverage. With the favourable policies and market trend of
\nelectrification of passenger and freight transports, Quantron has continued to
\nreceive substantial purchase orders and service quotations from customers and source
\ne-platform and e-vehicle components from the Group to meet customer demand. The
\ntransaction will allow us to leverage the business network and experience of Quantron
\nin Europe, giving us a good opportunity to expand into the light and medium e-delivery
\ntrucks market in Europe. Ev Dynamics will become one of the production plants
\nfor Quantron.”<\/p>\n
\n
<\/p>\n
\n
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\nAndreas Haller, member of the board and founder of Quantron<\/b>, said: “Quantron and Ev Dynamics will jointly develop
\nzero-emission electric vehicles, hydrogen bus and logistic vehicles. The
\nproducts and services will be designed and engineered by Quantron, which is
\nwell developed in Germany and Europe, where Ev Dynamics will manufacture the
\nvehicles. The two companies will evaluate strategic partnerships with fuel cell
\ntechnology companies. We believe the share swap is another milestone in the strategic
\ngrowth of the two companies.”<\/p>\n
\n
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\n
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\nMichael Perschke, international advisor of EV Dynamics<\/b>, added: “Quantron is a dominant player in the European electric
\nvehicle market and Ev Dynamics is a prominent player in China’s new energy
\ncommercial vehicle sector. By joining forces, both companies will gain access not
\nonly to new markets but also additional engineering capabilities.”<\/p>\n<\/p><\/div>\n\n
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