Jing Jiawei announced that the holding subsidiary Chenghengwei plans to introduce 5 strategic investors through capital increases and stock expansion, with a total capital increase of no more than RMB 170 million. The board of directors of the company has reviewed and approved this capital increase. The company and some investors have completed the decision approval of the relevant agreement, and the approval process for the remaining investors is still in progress.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.