Titan Wind Energy Co., Ltd. announced that it has received CNY 1.999999996 billion in funding from a group of investors
On November 7, 2016, Titan Wind Energy (Suzhou) Co., Ltd. (SZSE:002531) closed the transaction. The company amended the terms of transaction. The company will now issue up to 297,619,047 A shares at CNY 6.72 per share for gross proceeds of CNY 2,000,000,000. The transaction includes participation from Beijing Heju Investment Management Co., Ltd., Qingdao Jinshi Haorui Investment Co., Ltd., Penghua Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Huafu Securities Corporation Limited, Bosera Funds Management Co., Ltd. and Qingdao Chengtou Financial Holdings Group Limited