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Hainan Drinda Ends Stabilisation Period with Compliance Assurance

Story Highlights
  • Hainan Drinda’s stabilisation period for its Global Offering ended on June 1, 2025.
  • No stabilisation actions were taken, and the over-allotment option lapsed without additional shares issued.
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Hainan Drinda Ends Stabilisation Period with Compliance Assurance

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Hainan Drinda New Energy Technology Co., Ltd. Class H ( (HK:2865) ) has issued an update.

Hainan Drinda New Energy Technology Co., Ltd. announced the end of its stabilisation period for its Global Offering, which concluded on June 1, 2025. During this period, no stabilisation actions were taken, and the over-allotment option was not exercised, resulting in no additional H Shares being issued. The company confirmed compliance with public float requirements, ensuring that a significant portion of its shares remains publicly held, thereby maintaining transparency and market confidence.

More about Hainan Drinda New Energy Technology Co., Ltd. Class H

Hainan Drinda New Energy Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on the new energy sector. The company is involved in the production and development of new energy technologies, catering to the growing demand for sustainable energy solutions.

Average Trading Volume: 1,060,541

Current Market Cap: HK$2.6B

For an in-depth examination of 2865 stock, go to TipRanks’ Stock Analysis page.

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