Beijing E-Hualu Information Technology Co., Ltd. announced that it has received CNY 499.999974 million in funding from Hualu Capital Holdings Limited
On May 19, 2021, Beijing E-Hualu Information Technology Co., Ltd. (SZSE:300212) closed the transaction. The company has issued 16,345,210 A shares for a total gross proceeds of CNY 499,999,973.90. The company has paid related issuance cost of CNY 2,524,853.97 in the transaction. After closing, the registered capital increased to CNY 16,345,210, and the balance of CNY 481,129,909.93 included to capital reserve. The securities issued under the transaction are non-transferable for the period of eighteen months.