Group 1 - The stock of Graphene Battery Materials (06128) has dropped over 23%, currently trading at HKD 0.219 with a transaction volume of HKD 3.7597 million [1] - The company announced an agreement where its wholly-owned subsidiary, Happy Growth Group Limited, will grant a purchase option to M2i Global, Inc. for a cash consideration of USD 500,000 (approximately HKD 3.9 million) [1] - The buyer has the option to acquire 100% of the issued and outstanding limited liability units of the selling company, Graphex Technologies LLC, for a total consideration of USD 100 million (approximately HKD 780 million), to be paid in cash and shares [1] Group 2 - The board anticipates significant challenges for future investments in the U.S. due to geopolitical tensions, including the Inflation Reduction Act and China's export restrictions on graphite products [2] - The potential sale is viewed as the most favorable option for enhancing shareholder value, allowing the company to leverage its existing team's capabilities for basic design and technical support [2] - The potential sale will enable the company to focus on its expansion plans in China [2]
烯石电车新材料跌超23% 近日拟出售美国石墨烯生产项目