Zhe Jiang Headman Machinery Co.,Ltd. announced that it expects to receive CNY 173.05 million in funding from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., China Asset Management Co. Ltd., Guotai Junan Securities Co., Ltd., Shanghai Ruiyi Investment Development Center (Limited Partnership), Huaan Securities Co., Ltd.
June 25, 2023
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Zhe Jiang Headman Machinery Co.,Ltd. announced a private placement of A shares for gross proceeds of not more than CNY 173,050,000 on June 26, 2023. The transaction will include participation from not more than 35 investors. The issue price will not be lower than 80% of the average trading price of the company?s stock in the 20 trading days prior to the pricing reference date of the transaction.
The shares cannot not be transferred within six months from the date of completion of this issuance. The shares to be issued will not be more than 30% of the company's total share capital before the issuance of the transaction. The transaction has been approved and reviewed by the ninth meeting of the third board of directors and the eighth meeting of the third board of supervisors.
The transaction still needs the approval from Shanghai Stock Exchange, China Securities Regulatory Commission. The company's board of directors will review and approve the specific plan for this issuance after the bidding for this issuance is completed.
HUAAN SECURITIES CO., LTD. is a China-based securities company. The Company mainly operates its business through six segments, including securities brokerage business, futures brokerage business, proprietary business, investment banking business, asset management business, margin trading business. The Company is also involved in the investment consulting business and equity investment business through its subsidiaries. The Company mainly operates its business in domestic market.
Zhe Jiang Headman Machinery Co.,Ltd. announced that it expects to receive CNY 173.05 million in funding from Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., China Asset Management Co. Ltd., Guotai Junan Securities Co., Ltd., Shanghai Ruiyi Investment Development Center (Limited Partnership), Huaan Securities Co., Ltd.