Changsheng Bio-Technology Co., Ltd. (SZSE:002680) announced a private placement of 46,819,768 shares at a price of CNY 35.45 per share for gross proceeds of CNY 1,659,760,776 on Janurary 20, 2016.The company reported issuance expenses of CNY 42,996,820.The shares are subject to a hold period of 12 months from the date of issuance.