[ET Net News Agency, 1 November 2021] BYD Company Limited (01211) said the company
agrees to issue 50 million new H shares at the placing price of HK$276 per H share.
The aggregate gross proceeds are expected to be approximately HK$13,800 million and the
aggregate net proceeds are expected to be approximately HK$13,744 million. The net
proceeds are intended to be used by the group to supplement its working capital, repay
interest-bearing debt, invest in research and development and as general corporate
purpose. (RC)