Sinoma Cement Co.,Ltd. announced that it has received CNY 1.3211939 billion in funding from Sinoma International Engineering Co.,Ltd, Xinjiangtianshan Cement Co.,Ltd
On Same date, the company issued 1,235,520,442 shares at a subscription price of CNY 1.0693424 per share for gross proceeds of CNY 1,321.1939 million in its first tranche closing. The transaction included participation from new investor Sinoma International Engineering Co.,Ltd for CNY 1,235.52 million, and received 1,155,401,675 shares. The tranche included participation from other investors. The company's registered capital is increased from CNY 3088.8 million to CNY 10,000 million.