Heilongjiang Xinhua Bookstore Group Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding from returning investor Heilongjiang Publishing & Media Co., Ltd. on December 6, 2022. The transaction was approved by the parent company in its 14th meeting of the third board of directors and the 8th meeting of the third board of supervisors. After the capital increase, the company still holds 100% in the company.
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- Heilongjiang Xinhua Bookstore Group Co., Ltd. announced that it expects to receive CNY 20 million in funding from Heilongjiang Publishing & Media Co., Ltd.