Jiangyin Jianghua Microelectronics Materials Co., Ltd announced that it has received CNY 289.999974 million in funding from a group of investors

On November 16, 2020, Jiangyin Jianghua Microelectronics Materials Co., Ltd (SHSE:603078) closed the transaction. The company raised 8,787,878 Shares at a price of CNY 33.00 per share for total proceeds of CNY 289,999,974.00. The transaction included participation from Jiangyin Yida Hi-tech Equity Investment Partnership Enterprise (Limited Partnership) for 919,090 shares for CNY 29,999,970, Zhuhai Fuyue Zhongcheng Asset Management Co., Ltd.-Yuecheng Tongxin Gongxiang No. 9 Private Securities Investment Fund for 1,060,606 shares for CNY 34,999,998, Zhuhai Fuyue Zhongcheng Asset Management Co., Ltd.-Yuecheng Tongxin Gongxiang No. 8 Private Securities Investment Fund for 606,060 shares for CNY 19,999,980, Zhuhai Fuyue Zhongcheng Asset Management Co., Ltd.-Yuecheng Tongxin Gongxiang No. 10 Private Securities Investment Fund for 606,060 shares for CNY 19,999,980, Zhang Yingsheng for 606,060 shares for CNY 19,999,980, Hunan Light Salt Venture Capital Management Co., Ltd.-Light Salt Zhixuan No. 4 Private Securities Investment Fund for 1,303,030 shares for CNY 42,999,990, Pan Xuhong for CNY 606,060 for CNY 19,999,980, Foresight Fund Management Co., Ltd. for 606,060 shares for CNY 19,999,980, Sun Qiwei for 2,121,212 shares for CNY 69,999,996, China Securities Co., Ltd. for 363,640 shares for CNY 12,000,120. The company paid issuance expenses of CNY 10,875,411.33. The company's capital before transaction is 141,960,000 shares and post transaction is 150,747,878 shares.