Demonstrating confidence in development: BOTAI Automotive (02889.HK) receives shareholding increases in H shares by two executive directors and makes a twelve-month voluntary lock-up undertaking.

date
15/09/2026
Zhito Finance APP News, Botai CheLian (02889.HK) announced that, in view of the fact that the current trading price of the Company's shares fails to reflect the Company's intrinsic value and its firm confidence in the Group's business development prospects, the execution of its "software-hardware-chip-cloud" integration strategy, and the long-term investment value in frontier directions such as intelligent cockpits, in-vehicle AI, vehicle-side computing power ecosystems, and in-vehicle optical interconnect, and in order to further demonstrate the high degree of alignment between the management team and the interests of the Company and all shareholders, Mr. Zhang Fukai, an executive director, chief financial officer and board secretary of the Company, and Mr. Lai Weilin, an executive director of the Company, on September 15, 2026, using their own funds, increased their holdings of the Company's H shares in the open market of The Stock Exchange of Hong Kong Limited by 40,760 shares and 21,860 shares respectively, with transaction amounts of approximately RMB 3 million and RMB 1.6 million respectively.