Jiangsu Leike Defense Technology Co., Ltd. announced that it expects to receive CNY 602.4 million in funding
July 09, 2020
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Jiangsu Leike Defense Technology Co., Ltd. (SZSE:002413) announced that it will receive no more than 330,554,780 shares for total gross proceeds of not more than CNY 602,400,000 in equity round of funding from not more than 35 investors on July 10, 2020. The shares issued are subject to hold period of 6 months. The transaction has been approved by the the 19th meeting of the 6th directorate of the company. The transaction is subject to approval of The National Defense Science and Technology Bureau, the company's shareholders' meeting, and China Securities Regulatory Commission.
Beijing LeiKe Defense Technology Co Ltd, formerly Jiangsu Leike Defense Technology Co Ltd, is a company mainly engaged in the research and development (R&D), manufacturing and sales of relevant products of radar system business group and satellite application business group. The Company is also engaged in R&D, manufacturing and sales of relevant products of intelligent control business group, secure storage business group and intelligent network connection business group. The radar system business group has relevant technologies and products in national defense, transportation, civil aviation, meteorology, automobile and other industry markets. The satellite application business group has developed a number of core and key equipment of remote sensing satellites and ground systems, forming an industrial capacity of on-board and ground cooperation.