During a communication meeting held on April 22, Avatr Technology President Chen Zhuo addressed concerns over whether the company’s strategic reorganization with Deepal would impact its initial public offering. Chen stated that the Hong Kong listing plan for Avatr Technology as the corporate entity remains on track and will proceed according to the current timeline, pending regulatory approval and appropriate market conditions.
It is reported that Avatr formally submitted its IPO application to the Hong Kong Stock Exchange in November of last year.
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