EPM Venus announced that it expects to receive CNY 61.562142 million in funding from Guangzhou Sie Consulting Co., Ltd.
December 30, 2020
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EPM Venus announced that it has entered into an agreement for a private placement of common shares for gross proceeds of CNY 61,562,141.77 out of which, CNY 18,979,591.84 will be added to the registered capital of the company, on December 1, 2020. The transaction will include participation from new investor Guangzhou Sie Consulting Co., Ltd. (SZSE:300687). Post the transaction, the registered capital of the company will increase from CNY 30,000,000 to CNY 48,979,591.84.
GUANGZHOU SIE CONSULTING CO., LTD is a China-based company which is mainly engaged in the provision of enterprise information management software solutions and services. The Company mainly provides information technology solutions and services for the Groups and customers of manufacturing, retail, service and other industries. The Company mainly has three business segments. The Software Implementation Development Services segment is engaged in the provision of management solutions based on management software and implementation of development services. The Software Maintenance Services segment is engaged in the provision of relevant management software professional maintenance services. The Hardware and Software Sales segment is engaged in sales of relevant hardware and software products, such as Customer Relationship Management (CRM) products, Manufacturing Execution System (MES) products and others.