China Automotive (0048) Announces EGM Notice on Proposed Rights Issue

Bulletin Express

Oct 24, 2025

China Automotive Interior Decoration Holdings Limited (Stock Code: 0048) has issued a notice confirming that an Extraordinary General Meeting (EGM) is scheduled for 14 November 2025 at 11:00 a.m. The meeting will take place at Portion 2, 12th Floor, The Center, 99 Queen’s Road Central, Central, Hong Kong.

According to the notice, shareholders will consider resolutions related to a proposed Rights Issue of up to 262,672,656 new shares at HK$0.13 per share. The offer is structured on the basis of three Rights Shares for every two existing shares, targeting shareholders whose names appear on the register of members on the relevant record date. The placing agreement dated 10 September 2025 was signed with Astrum Capital Management Limited, on a best-effort basis, and is subject to EGM approval.

An underwriting agreement, also dated 10 September 2025, was entered into between the company and an underwriter, involving arrangements for the rights shares that remain unsubscribed. The resolutions include authorizing directors to execute all documents and actions necessary to finalize the Rights Issue and related transactions.

The register of members of the company will be closed from 11 November 2025 to 14 November 2025 (both dates inclusive). Further details are provided in the circular dated 27 October 2025 accompanying the notice.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1104608396"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1104608396\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1104608396?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-24 19:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1104608396","market":"hk","top_or_hot":-1,"title":"China Automotive (0048) Announces EGM Notice on Proposed Rights Issue","media":"Bulletin Express","content":"<p>China Automotive Interior Decoration Holdings Limited (Stock Code: 0048) has issued a notice confirming that an Extraordinary General Meeting (EGM) is scheduled for 14 November 2025 at 11:00 a.m. The meeting will take place at Portion 2, 12th Floor, The Center, 99 Queen’s Road Central, Central, Hong Kong.</p>\n<p>According to the notice, shareholders will consider resolutions related to a proposed Rights Issue of up to 262,672,656 new shares at HK$0.13 per share. The offer is structured on the basis of three Rights Shares for every two existing shares, targeting shareholders whose names appear on the register of members on the relevant record date. The placing agreement dated 10 September 2025 was signed with Astrum Capital Management Limited, on a best-effort basis, and is subject to EGM approval.</p>\n<p>An underwriting agreement, also dated 10 September 2025, was entered into between the company and an underwriter, involving arrangements for the rights shares that remain unsubscribed. The resolutions include authorizing directors to execute all documents and actions necessary to finalize the Rights Issue and related transactions.</p>\n<p>The register of members of the company will be closed from 11 November 2025 to 14 November 2025 (both dates inclusive). Further details are provided in the circular dated 27 October 2025 accompanying the notice.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Automotive (0048) Announces EGM Notice on Proposed Rights Issue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Automotive (0048) Announces EGM Notice on Proposed Rights Issue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2025-10-24 19:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China Automotive Interior Decoration Holdings Limited (Stock Code: 0048) has issued a notice confirming that an Extraordinary General Meeting (EGM) is scheduled for 14 November 2025 at 11:00 a.m. The meeting will take place at Portion 2, 12th Floor, The Center, 99 Queen’s Road Central, Central, Hong Kong.</p>\n<p>According to the notice, shareholders will consider resolutions related to a proposed Rights Issue of up to 262,672,656 new shares at HK$0.13 per share. The offer is structured on the basis of three Rights Shares for every two existing shares, targeting shareholders whose names appear on the register of members on the relevant record date. The placing agreement dated 10 September 2025 was signed with Astrum Capital Management Limited, on a best-effort basis, and is subject to EGM approval.</p>\n<p>An underwriting agreement, also dated 10 September 2025, was entered into between the company and an underwriter, involving arrangements for the rights shares that remain unsubscribed. The resolutions include authorizing directors to execute all documents and actions necessary to finalize the Rights Issue and related transactions.</p>\n<p>The register of members of the company will be closed from 11 November 2025 to 14 November 2025 (both dates inclusive). Further details are provided in the circular dated 27 October 2025 accompanying the notice.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00048","symbol_name":"中国汽车内饰","start_time":0,"source_url":"","article_id":"1104608396","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1104608396","pubTimestamp":1761305367,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"China Automotive Interior Decoration Holdings Limited (Stock Code: 0048) has issued a notice confirming that an Extraordinary General Meeting (EGM) is scheduled for 14 November 2025 at 11:00 a.m. The...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00048":"中国汽车内饰"},"translate_title":"中国汽车(0048)公布建议供股之临时股东大会通告","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00048":1},"content_text":"China Automotive Interior Decoration Holdings Limited (Stock Code: 0048) has issued a notice confirming that an Extraordinary General Meeting (EGM) is scheduled for 14 November 2025 at 11:00 a.m. The meeting will take place at Portion 2, 12th Floor, The Center, 99 Queen’s Road Central, Central, Hong Kong.\nAccording to the notice, shareholders will consider resolutions related to a proposed Rights Issue of up to 262,672,656 new shares at HK$0.13 per share. The offer is structured on the basis of three Rights Shares for every two existing shares, targeting shareholders whose names appear on the register of members on the relevant record date. The placing agreement dated 10 September 2025 was signed with Astrum Capital Management Limited, on a best-effort basis, and is subject to EGM approval.\nAn underwriting agreement, also dated 10 September 2025, was entered into between the company and an underwriter, involving arrangements for the rights shares that remain unsubscribed. The resolutions include authorizing directors to execute all documents and actions necessary to finalize the Rights Issue and related transactions.\nThe register of members of the company will be closed from 11 November 2025 to 14 November 2025 (both dates inclusive). Further details are provided in the circular dated 27 October 2025 accompanying the notice.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}