Guangdong Yizumi Precision Machinery Co.,Ltd. announced that it has received CNY 179.997984 million in funding
August 16, 2021
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On August 17, 2021, closed the transaction. The transaction included participation from joint actual controllers and directors of the company Chen Jingcai for 16,907,371 for gross proceeds of CNY 89,439,992.59, Zhen Ronghui for 7,608,317 shares for gross proceeds of CNY 40,247,996.93, and Liang Jinghua for 9,510,396 shares for gross proceeds of CNY 50,309,994.84. The company issued 34,026,084 A shares for gross proceeds of CNY 179,997,984.36 in the transaction. The company paid issuance cost of CNY 3,433,986.87 and received net proceeds of CNY 176,563,997.49 in the transaction. As a result, company's paid-in share capital was increased by CNY 34,026,084 and CNY 142,537,913.49 is added in the capital reserve.
Yizumi Holdings Co Ltd, formerly Guangdong Yizumi Precision Machinery Co Ltd, is a China-based company primarily engaged in the design, research, development, manufacture and sales of special machinery and equipment for molding use and the provision of related services. The Company's main products include injection molding machines, die-casting machines, rubber machines, high-speed packaging systems, molds and robotic automation systems, which are mainly used in household appliances, automobiles, medical devices and packaging. The Company mainly operates its businesses in the domestic and overseas markets.
YIZUMI HOLDINGS CO., LTD. 
