Dec 13, 2021 06:40 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 13, Jinchuang group announced that Jinchuang electrician, a wholly-owned subsidiary of the company, and Shanghai Zhixin investment will invest in the final target company (hereinafter referred to as the "target company" due to the signing of a confidentiality agreement) through investment in Zhishun investment. The amount of investment and related expenses shall not exceed 145 million yuan. Jinchuang electrician and Zhixin investment signed the partnership agreement of Zhixin equity investment partnership (limited partnership) in Ningbo Meishan free trade port area. Jinchuang electrician, as a limited partner, subscribed 140.27995 million yuan, accounting for 93.33% of the total scale of Zhishun investment; Zhixin investment, as a general partner, subscribed RMB 10.02005 million, accounting for 6.67% of the total scale of Zhishun investment. After that, Zhishun investment signed the investment agreement on the target company with the target company, and Zhishun investment subscribed some new shares of the target company with RMB 150 million. According to the relevant provisions of the investment agreement, Zhishun investment will hold 4.62% of the shares of the target company after the completion of this round of investment (the company indirectly holds 4.31% of the shares of the target company).

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