Zhejiang Goldensea Hi-Tech Co., Ltd announced that it expects to receive CNY 354.971799 million in funding from UBS Asset Management, Huatai Asset Management Co., Ltd., Nuode Asset Management Co., Ltd., Shenwan Hongyuan Securities Co., Ltd., Caitong Fund Management Co., Ltd.
May 23, 2022
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Zhejiang Goldensea Hi-Tech Co., Ltd announced that it has entered into agreement for a private placement of not more than 63,000,000 A shares at a price of CNY 5.634473015873016 per share for gross proceeds of not more than CNY 354,971,800 on May 24, 2022. The transaction will include participation from 35 investors. The shares cannot be transferred within 6 months from the issuance closing date.
The transaction has been approved by the board of directors of the company at 17th meeting of 4th Directorate and is subject to the approvals of the shareholders of the company and the China Securities Regulatory Commission.
Zhejiang Goldensea Hi-Tech Co Ltd, formerly Zhejiang Goldensea Environment Technology Co Ltd, is a China-based company mainly engaged in the research, development and manufacturing of high-performance filter materials, functional filter materials and functional filters. The Company's main products include high-performance filter materials, filter nets, air purifier filters, fresh air system filters, automotive air conditioning filters, rail transit air conditioning filters, oil fume filters, ventilating fan filters, air conditioning fans and full heat switch, etc. Its products are used in household and commercial central air conditioners, air purifiers, air conditioning filtration systems and fresh air systems for automobiles, trains, airplanes and ships. The Company operates its businesses within the China market and to overseas markets.
Zhejiang Goldensea Hi-Tech Co., Ltd announced that it expects to receive CNY 354.971799 million in funding from UBS Asset Management, Huatai Asset Management Co., Ltd., Nuode Asset Management Co., Ltd., Shenwan Hongyuan Securities Co., Ltd., Caitong Fund Management Co., Ltd.