Aerospace Hydrogen Energy Co., Ltd. announced that it expects to receive CNY 256.502948 million in funding from Changzheng Engineering Technology Co.,Ltd
December 18, 2023
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Aerospace Hydrogen Energy Co., Ltd. announced that it will raise CNY 256,502,948 in an equity funding on December 19, 2023. The transaction will include participation from returning investor, Changzheng Engineering Technology Co.,Ltd will increase its stake from 18.87% to 34.35%. The transaction has been approved at the 17th meeting of fourth board of directors and the 13th meeting of the fourth board of supervisors. Out of the total capital increase, CNY 250,000,000 will be added to registered capital and CNY 6,502,948 will be added in the capital reserve.
On the same date, the company passed the proposal for the Capital increase in the first extraordinary general meeting of shareholders of the investor's company.
Changzheng Engineering Co., LTD. is a China-based company mainly engaged in the provision of comprehensive technical solutions and engineering construction services for coal gasification projects. The Companyâs primary businesses include the research and development of coal gasification technologies and key equipments, the supply of equipment sets and the engineering design, technical and general contracting services. The Company mainly provides products and services to the fertilizer, coal chemical, electricity and other industries.
Aerospace Hydrogen Energy Co., Ltd. announced that it expects to receive CNY 256.502948 million in funding from Changzheng Engineering Technology Co.,Ltd