Shenyang Pulin Technology Co., Ltd. announced that it expects to receive CNY 80 million in funding from Beijing DHC Hechuang Technology Co., Ltd., DHC Software Co., Ltd.
May 14, 2020
Share
Shenyang Pulin Technology Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 80,000,000 on May 15, 2020. The transaction included participation from returning investor Beijing DHC Hechuang Technology Co., Ltd. and DHC Software Co., Ltd. (SZSE:002065). The stake of Beijing DHC Hechuang Technology Co., Ltd., will increase from 1% to 51% and DHC Software Co., Ltd. (SZSE:002065) will reduce from 99% to 49% in the company. Post the transaction, the registered capital of the company will increase from CNY 20,000,000 to CNY 100,000,000. The transaction has been approved in the 8th meeting of the 7th directorate meeting of DHC Software Co., Ltd. (SZSE:002065) and does not need the shareholders’ approval.
DHC Software Co., Ltd. specializes in the development and marketing of information management software intended for the telecommunications, transport, defense, finance, energy, scientific research sectors, etc. The group also proposes IT system integration services as well as information verification and securing services.
Shenyang Pulin Technology Co., Ltd. announced that it expects to receive CNY 80 million in funding from Beijing DHC Hechuang Technology Co., Ltd., DHC Software Co., Ltd.