Xiaoxiong Electric: approved to issue 536million yuan of convertible bonds
Xiaoxiong electric announced that the company recently received the reply on approving Xiaoxiong Electric Co., Ltd. to publicly issue convertible corporate bonds (zjxk [2022] No. 1099) issued by the CSRC. The CSRC approved the company to publicly issue convertible corporate bonds with a total face value of 536million yuan, with a term of 6 years; The reply shall be valid within 12 months from the date of approval of issuance.
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Industrials, Financials, Technology
The Melancholic Saga of Xiaomi in India
In January 2024, Xiaomi unveiled the Redmi Note 13 5G series in India, achieving an outstanding sales feat of nearly CNY 900 million within a mere two days. Expressing gratitude on Twitter, Xiaomi India thanked its consumers, hailing the series as "super smartphones that redefine excellence." The commitment echoed the promise to persist in delivering innovation and premium products to the Indian market.
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The claim amount increased to 510 million, and the patent war between Ningde times and China Innovation Airlines was upgraded
Healthcare
Cellatopia Secures Nearly CNY Ten Mn in Seed Funding
EqualOcean has learned that Cellatopia(喜同生物), a biotechnology company based in Suzhou, recently announced the successful securing of nearly CNY ten million in seed funding. The funding was primarily led by Suzhou Shishangbai Venture Capital(苏州石上柏创业合伙企业) and followed by institutions such as Suzhou Nuowei Venture Investment Limited(苏州诺为创业投资有限公司).
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