Alton Industry Ltd. Group announced a placement of common shares for gross proceeds of $65,000,000 on September 21, 2023. The transaction will include participation from returning investor, Suzhou Alton Electrical & Mechanical Industry Co., Ltd. Through the transaction, the company's registered capital will increase from $4,701,000 to $69,701,000. The transaction has been approved at the 6th meeting of the 3rd board of directors and the 5th meeting of the 3rd board of supervisors and needs to be submitted to the shareholders' meeting for review.
Suzhou Alton Electrical & Mechanical Industry Co., Ltd.
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301187
CNE100005CK9
Environmental Services & Equipment
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5-day change | 1st Jan Change | ||
23 CNY | -1.33% | -4.41% | +15.52% |
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Annual profits - Rate of surprise
1st Jan change | Capi. | |
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+15.52% | 583M | |
+14.15% | 9.1B | |
+39.55% | 2.41B | |
-12.32% | 1.06B | |
+20.76% | 856M | |
-6.60% | 775M | |
+23.96% | 727M | |
+22.44% | 702M | |
-18.27% | 587M | |
-7.89% | 571M |
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- News Suzhou Alton Electrical & Mechanical Industry Co., Ltd.
- Alton Industry Limited Group announced that it expects to receive $65 million in funding from Suzhou Alton Electrical & Mechanical Industry Co., Ltd.