Zhongju hi tech: it plans to raise 7.791 billion yuan from the controlling shareholder to expand the production of condiments
Zhongju high tech announced that it plans to repurchase shares of 300 million yuan to 600 million yuan, and the shares obtained from the repurchase will be used for cancellation. On the same day, Zhongju hi tech announced the termination of the non-public offering of a shares in 2015. It also proposes a plan for non-public offering of a shares in 2021. The company plans to raise no more than RMB 7.791 billion to invest in the 3 million ton seasoning expansion project of Yangxi delicious food Co., Ltd. and supplement working capital. The issuing object is Zhongshan Runtian, the controlling shareholder of the company.
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