Stock Track | VOYAH AUTO Soars 5.26% Intraday as Parent Company Affiliate Plans Up to 250 Million Yuan H-Share Purchase

Stock Track04-14

VOYAH AUTO's stock surged 5.26% during intraday trading on Tuesday, reflecting strong positive investor sentiment.

The sharp rise follows the company's announcement that Dongfeng Motor (Hong Kong) International Co., Ltd., an affiliate of its controlling shareholder, plans to purchase additional H-shares of VOYAH AUTO. The planned investment, capped at 250 million yuan, is scheduled to be executed within the next 12 months and is intended to support the company's "continuous, healthy and stable" growth, signaling strong confidence in its future prospects.

As of the announcement date, VOYAH AUTO's controlling shareholder group, comprising Dongfeng Motor Corporation and related entities, collectively holds approximately 69.47% of the company's total issued share capital. The planned increase in stake by a key insider is a significant vote of confidence that has resonated with the market.

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