Nancal Technology Co.,Ltd announced that it has received CNY 799.999989 million in funding from Huatai Securities Co., Ltd., Investment Arm, Shenzhen Commande Capital Management Co., Ltd., J.P. Morgan Global Special Opportunities Group, Taikang Asset Management Co., Ltd., Guosen Securities Co., Ltd., Investment Arm and other investors
June 08, 2021
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On June 9, 2021, Nancal Technology Co.,Ltd (SHSE:603859) closed the transaction. The company has issued 27,416,038 shares at a price of CNY 29.18 per share for gross proceeds of CNY 799,999,988.84 in the transaction. The transaction will include participation from Industrial Investment Fund Co., Ltd. for 7,539,410 shares, An Jingchuan for 5,825,908 shares, Lin Han for 3,084,304 shares, Huatai Securities Co., Ltd., Investment Arm for 1,884,852 shares, Commend Dingzeng No. 3 Private Equity Securities Investment Fund, Commend No. 107 Actively Managed Private Equity Securities Investment Fund, Commend No. 003 Actively Managed Private Equity Securities Investment Fund, Commend Investment Fund No. 105, funds managed by Shenzhen Commande Capital Management Co., Ltd. for 1,770,047 shares, 1,088,759 shares, 856,751 shares and 856,751 shares respectively, Langrun Capital Main Fund Co., Ltd., a fund managed by Langrun Capital Management Co., Ltd. for 856,751 shares, J.P. Morgan Global Special Opportunities Group for 856,751 shares, Taikang Life Insurance Co., Ltd.-Investment-linked aggressive insurance products, Taikang Construction Bank Yangyi Loctite Enterprise Annuity Plan (optimized configuration), State Grid Fujian Electric Power Co., Ltd. Enterprise Annuity Plan through Taikang Asset Management Co., Ltd. for 856,751 shares each and Guosen Securities Co., Ltd., Investment Arm for 225,501 shares. The company has incurred issuance cost of CNY 12,402,008.80 in the transaction and received net proceeds of CNY 787,597,980.04 of which CNY 27,416,038 will go towards capital and CNY 760,181,942.04 towards capital reserve.
Nancal Technology Co., Ltd. is a China-based company mainly engaged in intelligent business. The Company's main business includes intelligent manufacturing and intelligent electrical. Intelligent manufacturing business mainly provides overall solution services to manufacturing enterprises in the fields of aerospace, aerospace, weapons, high-tech electronics, etc., which can be divided into software systems and services, digital production line construction and services, and test bench construction and services. Intelligent electrical business can be divided into industrial electrical products and systems, charging power products and systems, power quality products and systems, and energy management systems. The Company operates its businesses in both domestic and overseas markets.
Nancal Technology Co.,Ltd announced that it has received CNY 799.999989 million in funding from Huatai Securities Co., Ltd., Investment Arm, Shenzhen Commande Capital Management Co., Ltd., J.P. Morgan Global Special Opportunities Group, Taikang Asset Management Co., Ltd., Guosen Securities Co., Ltd., Investment Arm and other investors