Shanghai Wondertek Software Co., Ltd announced that it has received CNY 739.999938 million in funding from China State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd.
September 08, 2021
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On September 9, 2021, Shanghai Wondertek Software Co., Ltd closed the transaction. The company issued 48,748,349 ordinary shares at a an issue price of CNY 15.18 per share for gross proceeds of CNY 739,999,937.92. The company received CNY 730,153,557.37 after deducting issuance costs of CNY 9,846,380.45. The transaction included participation from new investor, China State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd. for CNY 19,762,845 shares for 7.33% shares. The total number of shares of the company has been increased from 220,800,000 shares to 269,548,349.
Shanghai Wondertek Software Co Ltd is a company mainly providing software customization development and media operation services. The Company's primary products are mobile Internet multimedia operation management systems and mobile terminal virtual operating systems. The Company provides the clients with converged media ecosystem solutions of which the products and services include operational editing, encoding and decoding, as well as live recording; artificial intelligence (AI) video big data solutions; and ultra-high-definition big video platform solutions. Its products and services serve operators and a range of areas, including finance, media and visual AI.
Shanghai Wondertek Software Co., Ltd announced that it has received CNY 739.999938 million in funding from China State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd.
SHANGHAI WONDERTEK SOFTWARE CO., LTD 
