JiangSu JiuWu Hi-Tech Co., Ltd. announced that it has received CNY 102.999996 million in funding from JPMorgan Chase Bank, N.A., Investment Arm, Shanghai Boshen Investment Center (Limited Partnership), Caitong Fund Management Co., Ltd., UBS AG, Investment Arm

On January 6, 2022, JiangSu JiuWu Hi-Tech Co., Ltd. closed the transaction. The transaction included participation from JPMorgan Chase Bank, N.A., Investment Arm for CNY 27,552,492, individual investor, Chen Peng for CNY 21,887,514, Boshen No. 37 Private Securities Investment Fund, a fund managed by Shanghai Boshen Investment Center (Limited Partnership) for CNY 21,243,750, Caitong Fund Management Co., Ltd. for CNY 19,634,373, UBS AG, Investment Arm for CNY 12,681,867.

The company paid issuance fees of CNY 3,298,065 including, CNY 2,830,188.68 for Underwriting & Sponsorship, CNY 311,320.75 for legal, CNY 150,943.40 for Audit & Capital Verification, CNY 2,944.54 for Share Registration, CNY 2,667.92 for Materials Production.