Juneyao Airlines Co., Ltd announced that it has received CNY 3.301509999 billion in funding from a group of investors

On August 3, 2022, Juneyao Airlines Co., Ltd closed the transaction. The company has issued 247,861,111 A shares for gross proceeds of CNY 3,301,509,998.52. The company has paid underwriting fees and other issuance expenses of CNY 17,000,372.70, and received net proceeds of CNY 3,284,509,625.82, of which CNY 247,861,111 added into share capital, and CNY 3,036,648,514.82 added into the capital reserve.

The transaction included participation from Harvest Fund Management Co., Ltd. for 32,439,939 shares, for proceeds of CNY 432,099,987.48, Golden Eagle Asset Management Co. Ltd. for 20,795,795 shares, for proceeds of CNY 276,999,989.40, E Fund Management Co., Ltd. for 19,346,846 shares, for proceeds of CNY 257,699,988.72, and other investors.