Shanghai Jishui Import & Export Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 15 million on April 26, 2022. The transaction will include participation from returning investor Jiangxi Selon Industrial Co., Ltd. Post closing, the registered capital of the company will increase from CNY 5 million to CNY 20 million. The transaction has been approved by board of directors of the company.
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- News Jiangxi Selon Industrial Co., Ltd.
- Shanghai Jishui Import & Export Co., Ltd. announced that it expects to receive CNY 15 million in funding from Jiangxi Selon Industrial Co., Ltd.