Brief: China Dynamics clarifies on media report

Ev Dynamics Holdings

14/12/2015 04:21

Dec 14 (Reuters) - China Dynamics Holdings Ltd  0476.HK : 
 
 * Unusual price and trading volume movements  0476.HK  
 * Clarify certain press articles that have been published in some media stating a fire incident on an ebus 
 * Says noted the recent decrease in the price and increase in the trading  volume of the shares of the company 
 * "Ebus project was carried out by the Hong Kong Productivity Council " 
 * Gdev has been requested by HKPC to return the ebus to Dongguan China for  maintenance 
 * "Ebus was damaged and lost in a fire incident yesterday" 
 * The reason for the fire was unknown at this moment 
 * Loss of such vehicle has no major impact on the financial position and  operation of the company and its subsidiaries." 
 * There is another ebuse under the project in Dongguan China which is still  operating properly at this moment" 
 * Company would like to emphasize that the ebus have passed the vigorous  testing by HKPC over the last eight months" 
 
* Source text for Eikon  ID:nHKSPjDKR  
 
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