Jul 13, 2021 08:53 PM (GMT+8) · EqualOcean
Huaming equipment disclosed the plan for non-public offering of a shares. The number of non-public offering shares this time does not exceed about 131 million shares (including), all of which are subscribed by Shanghai Huaming Electric Power Development Co., Ltd., a wholly-owned subsidiary of the company's controlling shareholder, in cash. The total amount of funds raised by this non-public offering of a shares is not more than 500 million yuan (inclusive). It is planned to use the raised funds of 300 million yuan to repay the company's interest bearing liabilities and 200 million yuan to supplement the working capital.