Dalian Insulator Group Co., Ltd announced that it has received CNY 129.980398 million in funding from Hangshi Equity Investment Fund Management Co., Ltd.
On February 8, 2021, Dalian Insulator Group Co., Ltd (SZSE:002606) closed the transaction. The company has issued 27,538,220 shares at an issue price of KRW 4.72 per share for gross proceeds of KRW 129,980,398.40. The transaction included participation only from Ying Jian. The company paid underwriting sponsorship fees of CNY 3,395,856.58, legal fees of CNY 754,716.96, audit and verification fee of CNY 450,000, issuance document production fee of CNY 37,735.85 and securities registration fee of CNY 25,979.45.