Nanjing Huamai Technology Co., Ltd. announced that it expects to receive CNY 513.566308 million in funding from DeepBlue Technology Co. Ltd
June 18, 2023
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Nanjing Huamai Technology Co., Ltd. announced that it has signed a subscription agreement and entered into a private placement of not more than 48,176,952 A shares at an issue price of CNY 10.66 per share for gross proceeds not more than CNY 513,566,308.32 on June 19, 2023. The transaction included the participation from returning investor DeepBlue Technology Holding Co., Ltd. will subscribe to all shares, and hold 23.08% stake. The shares cannot be transferred within 36 months from the issuance closing date. The transaction has been approved by the 2nd meeting of the fourth Directorate, and also the transaction still subject to the approvals of the Company?s Shareholders, Shanghai Stock Exchange, and the China Securities Regulatory Commission.
On same date, the transaction has been approved in the 2nd Meeting of the 4th Supervisory Board by the Proposal about the Company?s 2023.
Nanjing Huamai Technology Co., Ltd. is a China-based company which is mainly engaged in research and development, manufacture and sales of communication network physical connection equipments. The Companyâs main products include optical communication network equipments and wireless communication network equipments, such as patch panels, optical cross boxes, fiber optic connectors, adapters, bundle cables, branch cables, combiners, power splitters, bridges, base station antennas and others.
NANJING HUAMAI TECHNOLOGY CO., LTD. 