Anshan Hifichem Co., Ltd. announced that it has received CNY 592.5312 million in funding from Anshan Huifeng Economic & Trade Co., Ltd., and another investor
May 05, 2021
Share
On May 6, 2021, Anshan Hifichem Co., Ltd. (SZSE:300758) closed the transaction. The transaction included participation from returning investor Anshan Huifeng Economic & Trade Co., Ltd. for CNY 148,132,800, and new individual investor Xu Huixiang for 37,033,200 to acquire 15.34% stake in the company. Post closing, the total number of shares issued by the company has increased from 192,024,000 shares to 241,401,600 shares, Anshan Huifeng Economic & Trade Co., Ltd. holds 51,647,400 shares of the company, and its stake in the company has increased from 20.47% stake to 21.39% stake. The company paid CNY 46,582.64 for registration, and raised net proceeds of CNY 584,918,187.78 in the transaction.
Anshan Hifichem Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of high performance organic pigments. The Company's products mainly include high-performance organic pigment series, solvent dye series, intermediate series products and others. These products are mainly used in coatings, plastics and ink areas. The Company mainly conducts its businesses in domestic market.
Anshan Hifichem Co., Ltd. announced that it has received CNY 592.5312 million in funding from Anshan Huifeng Economic & Trade Co., Ltd., and another investor