Jan 27, 2021 08:58 PM (GMT+8) · EqualOcean
Baoxin technology announced that the company plans to issue shares to Jiangsu jiedeng Intelligent Manufacturing Technology Co., Ltd., the controlling shareholder, in a non-public manner, raising no more than 491 million yuan to supplement the company's working capital and repay interest bearing liabilities. After the completion of this non-public offering, the proportion of shares held by Jiangsu jiedeng has increased, which is conducive to the stability of the company's control.

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