Shanghai Worth Garden Products Co., Ltd. announced that it has received CNY 828.261776 million in funding from Jinxiu Zhonghe Investment Management Co., Ltd., China Asset Management Co., Ltd., Hunan Avatar Investment Co., Ltd., and other investors
September 24, 2020
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On September 25, 2020, Shanghai Worth Garden Products Co., Ltd. (SZSE:300483) closed the transaction. The company issued 25,964,319 shares of par value CNY 1 per share issued at a price of CNY 31.9 per share for gross proceeds of CNY 828,261,776.1 in the transaction. The transaction included participation from individual investors Wang Yingxin for 3,134,796 shares amounting to CNY 99,999,992.40, Yu Lizhong for 1,567,398 shares amounting to CNY 49,999,996.20, Guo Hailian for 3,134,796 shares amounting to CNY 99,999,992.40, Li Maohong for 1,003,134 shares amounting to CNY 31,999,974.60, Shi Xiumei for 4,702,194 shares amounting to CNY 149,999,988.60, Feng Furong for 5,334,228 shares amounting to CNY 170,161,873.20, Jinxiu Zhonghe (Tianjin) Investment Management Co., Ltd. for 2,291,536 shares amounting to CNY 73,099,998.40, Hunan Avatar Investment Co., Ltd. for 3,761,755 shares amounting to CNY 119,999,984.50 and China Asset Management Co., Ltd. for 1,034,482 shares amounting to CNY 32,999,975.80. The registered capital of the company now increased by CNY 25,964,319 and the capital reserve was increased by CNY 791,065,897.02.
Sino Prima Gas Technology Co Ltd, formerly Shanghai Worth Garden Co Ltd, is a China-based company mainly engaged in the natural gas business and the research and development, production and sales of gardening products. The Company's natural gas business includes natural gas exploration, development, production and sales. The Companyâs gardening products market segment mainly includes hand tools, decorations, irrigation, machinery and materials gardening products, such as scissors, shovels, handsaws, rakes, lawn mowers, croppers, hedge trimmers, grass trimmers, electric chain saws and others. It also provides services such as gardening design, engineering construction and greening maintenance services. The Company conducts its businesses within the China market and overseas markets.
Shanghai Worth Garden Products Co., Ltd. announced that it has received CNY 828.261776 million in funding from Jinxiu Zhonghe Investment Management Co., Ltd., China Asset Management Co., Ltd., Hunan Avatar Investment Co., Ltd., and other investors
SINO PRIMA GAS TECHNOLOGY CO., LTD. 
