China North Industries Group Hanglian Technology Co.,Ltd announced that it expects to receive CNY 19.332819 million in funding from North Navigation Control Technology Co.,Ltd., ZTE Shengshi Investment Co., Ltd.
August 28, 2023
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China North Industries Group Hanglian Technology Co., Ltd. announced that it will issue 3,093,251 common shares at a price of CNY 6.25 for gross proceeds of CNY 19,332,818.75 on August 29, 2023. The transaction included participation from returning investor, North Navigation Control Technology Co., Ltd. for 1,662,544 common shares for CNY 10,390,900, ZTE Shengshi Investment Co., Ltd. for 106,749 common shares for CNY 667,181.25 and individual investors, Wu Yangzhong for 3 common shares for CNY 18.75, Su Mei for 45,738 common shares for CNY 285,862.50, Wu Zhenzhong for 9 common shares for CNY 56.25, Ye Xuejun for 1,278,208 common shares for CNY 7,988,800.
China North Industries Group Hanglian Technology Co.,Ltd. received letter Concerning the Directed Issuance of Stocks of China North Industries Group Hanglian Technology Co.,Ltd. the company
North Navigation Control Technology Co., Ltd. is a China-based company principally engaged in the manufacturing and sales of military and civilian products. Its military products mainly include the guidance control, navigation control, detection control, environmental control and stability control products, the radio and satellite communication products, as well as the electrical connectors, among others. Its civilian products mainly include special vehicles and other high-tech products. The Company mainly distributes its products in domestic markets.
China North Industries Group Hanglian Technology Co.,Ltd announced that it expects to receive CNY 19.332819 million in funding from North Navigation Control Technology Co.,Ltd., ZTE Shengshi Investment Co., Ltd.
NORTH NAVIGATION CONTROL TECHNOLOGY CO.,LTD. 
