Guangdong Kennede Intelligent Technology Co., Ltd announced a private placement of common shares for gross proceeds of CNY 280,000,000 on January 11, 2022. The transaction will include participation from returning investor Kennede Electronics MFG. CO., LTD. The transaction has been approved by 28th Meeting of the 5th Directorate and the 23rd Meeting of the 5th Supervisory Board.
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- Guangdong Kennede Intelligent Technology Co., Ltd announced that it expects to receive CNY 280 million in funding from Kennede Electronics MFG. CO., LTD.