Winall Hi-tech Seed Co., Ltd. announced that it has received CNY 549.999989 million in funding from Guosen Securities Co., Ltd., Investment Arm, Shenzhen DreamWorks Investment Management Co., Ltd., Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Limited and another investor
August 12, 2021
Share
On August 13, 2021, Winall Hi-tech Seed Co., Ltd. closed the transaction. The company issued 23,768,366 shares at a price of CNY 23.14 per share for gross proceeds of CNY 549,999,989.24 in the transaction. The transaction included participation from Guosen Securities Co., Ltd., Investment Arm for CNY 74,999,979.60, Shenzhen DreamWorks Investment Management Co., Ltd. through DreamWorks Jianhui Sincere Private Equity Securities Investment Fund for CNY 99,999,995.94, Nuode Asset Management Co., Ltd. for CNY 139,000,059.38, Caitong Fund Management Co., Ltd. for CNY 50,999,981.50, UBS (China) Limited for CNY 144,999,983.70 and individual investor Gao Jian for CNY 39,999,989.12. The company received net proceeds of CNY 536,916,221.13 in the transaction.
Winall Hi-tech Seed Co., Ltd. is a China-based company principally engaged in the research and development, breeding, promotion and services of crop seeds, mainly including rice seeds, corn seeds and wheat seeds. The Company is also engaged in the research, development and breeding of rape, cotton, watermelon, melon and vegetable seeds. The Company distributes its products in domestic and overseas markets.
Winall Hi-tech Seed Co., Ltd. announced that it has received CNY 549.999989 million in funding from Guosen Securities Co., Ltd., Investment Arm, Shenzhen DreamWorks Investment Management Co., Ltd., Nuode Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., UBS Limited and another investor
WINALL HI-TECH SEED CO., LTD. 
