Zhangjiagang Guangda Special Material (688186.SH) plans to invest RMB30 million in Duowei Technology.
Zhangjiagang Guangda Special Material (688186.SH) announced that the company plans to contribute RMB30 million in cash to subscribe for 2.5 million newly issued shares of Jiangsu Duowei Technology Co., Ltd. ("Duowei Technology") at a price of RMB12 per share. The target company's current round of capital increase totals RMB533.3544 million, corresponding to 44.4462 million new shares. Upon completion of the capital increase, the target company's total share capital will be 610.20112 million shares, and the company will hold 2.5 million shares of Duowei Technology, accounting for 0.4097% of its total share capital after the completion of the capital increase.
Zhangjiagang Guangda Special Material (688186.SH) announced that the company plans to make a cash capital contribution of RMB30 million to subscribe for 2.5 million newly issued shares of Jiangsu Duowei Technology Co., Ltd. ("Duowei Technology") at a price of RMB12 per share. The target company's current round of capital increase totals RMB533.3544 million, corresponding to 44.4462 million new shares. Upon completion of the capital increase, the target company's total share capital will be 610.20112 million shares, and the company will hold 2.5 million shares of Duowei Technology, accounting for 0.4097% of its total share capital after the completion of the capital increase.
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