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Voyah Automotive Technology Co Ltd Class H ( (HK:7489) ) has issued an update.
Voyah Automotive Technology’s controlling shareholder Dongfeng Asset Management plans to increase its holding of the company’s H shares by up to RMB250 million over the next 12 months. The move reflects DFAM’s confidence in Voyah’s long-term development and is aimed at supporting the company’s continued healthy and stable growth.
Together with Dongfeng Motor Corporation and Wuhan Woya Enterprise Management Consulting, DFAM currently holds about 69.47% of Voyah’s total issued shares. The company said it will monitor and disclose progress on the shareholding increase plan, while cautioning investors that market conditions or other unforeseen factors could prevent the plan from being fully carried out.
More about Voyah Automotive Technology Co Ltd Class H
Voyah Automotive Technology Co., Ltd. is a Chinese automotive manufacturer headquartered in Wuhan and listed in Hong Kong. The company is controlled by Dongfeng Motor Corporation and related entities, which collectively hold a majority stake through domestic shares and H shares, underscoring its position within China’s state-linked automotive sector.
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