Beijing Xiashang Technology Co., Ltd announced that it expects to receive CNY 10.000284 million in funding from Beijing Quanshi World Online Network Information Co., Ltd., Beijing Ruixing Fuquan Investment Management Co., Ltd., Jianyuan Tianhua Investment Management Co., Ltd.
October 27, 2020
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Beijing Xiashang Technology Co., Ltd announced a private placement of 142,800 common shares at a price of CNY 70.03 per share for gross proceeds of CNY 10,000,284 on October 28, 2020. The transaction will include participation from new investor Beijing Quanshi World Online Network Information Co., Ltd. (SZSE:002995) for 71,400 shares, Zhao Jianguang for 35,400 shares, Beijing Fuquan Phase 1 Investment Fund Management Center (L.P.) a fund managed by Beijing Ruixing Fuquan Investment Management Co., Ltd. Beijing Jianyuan Honggeng Investment Management Partnership (Limited Partnership) a fund managed by Jianyuan Tianhua Investment Management (Beijing) Co., Ltd. Beijing Jianyuan Boyi Investment Management Partnership (Limited Partnership) and Beijing Jianyuan Xinbo Equity Investment Center (Limited Partnership) for 9,000 shares each. Post completion of the transaction, the capital of the company will increase from CNY 1,000,000 to CNY 1,142,800. The transaction has been approved in the thirteenth meeting of the second board of directors and the tenth meeting of the second board of supervisors of the investor. The transaction do not need to be submitted to the company's shareholders meeting for deliberation. After the transfer of equity and capital increase, T Beijing Quanshi World Online Network Information Co., Ltd will hold 9.892% of the equity of the target company.
Beijing Quanshi World Online Network Information Co Ltd is a China-based company that provides comprehensive Internet marketing services and enterprise-level software-as-a-service (SaaS) marketing services to corporate customers. The Companyâs integrated Internet marketing services mainly include data mining and strategy formulation, media resource procurement, creative design and material production, placement testing and effect analysis, strategy optimization and placement, effect tracking and evaluation. The Company's enterprise-level SaaS marketing services are mainly to provide customers with all-round services such as consulting, training, purchase and maintenance of SaaS products. The Company mainly conducts its business in the domestic market.
Beijing Xiashang Technology Co., Ltd announced that it expects to receive CNY 10.000284 million in funding from Beijing Quanshi World Online Network Information Co., Ltd., Beijing Ruixing Fuquan Investment Management Co., Ltd., Jianyuan Tianhua Investment Management Co., Ltd.