Huizhou Milkyway Huayitong Transportation Co., Ltd. announced a private placement to issue shares for an aggregate gross proceeds of CNY 13.50 million on April 1, 2024. The transaction will include participation from returning investor Milkyway Chemical Supply Chain Service Co.,Ltd. The company held 34th session of the company?s 3rd directorate and the 25th session of the company?s 3rd supervisory board approved the transaction.