Weike Terminal Technology Co., Ltd. announced that it expects to receive CNY 500 million in funding from Telling Telecommunication Holding Co.,Ltd and other investors
Weike Terminal Technology (Dongguan) Co., Ltd. announced that it will receive CNY 500,000,000 in an equity round of funding on December 13, 2021. The transaction will include participation from Telling Telecommunication Holding Co.,Ltd for CNY 150,000,000 and other investors. The registered capital of the company will increase from CNY 100,000,000 to CNY 150,000,000. The transaction has been approved by the 3rd meeting of the 9th directorate of Telling Telecommunication Holding Co.,Ltd.
On December 29, 2021, the company announced that the transaction has been approved by the 7th extraordinary shareholders meeting of 2021 of Telling Telecommunication Holding Co.,Ltd.