Mango Excellent Media Co., Ltd. announced that it has received CNY 4.499999972 billion in funding from China Mobile Capital Holding Co., Ltd., Lombarda China Fund Management Co., Ltd., AEGON-Industrial Fund Management Co., Ltd.
On August 6, 2021, Mango Excellent Media Co., Ltd. closed the transaction. The company issued 90,343,304 shares at an issue price of CNY 49.81 per share for gross proceeds of CNY 4,499,999,972.24 in the transaction. The company incurred issuance fee of CNY 14,207,871.04. The transaction involved participation from China Mobile Capital Holding Co., Ltd. for CNY 2,999,999,964.89, Lombarda China Fund Management Co., Ltd. for CNY 799,999,954.11, and AEGON-Industrial Fund Management Co., Ltd. for CNY 700,000,053.24.