Guangxi Bossco Environmental Protection Technology Co.,Ltd. announced that it expects to receive CNY 934.763044 million in funding from Guangzhou Environmental Protection Investment Group Co.,Ltd.
March 22, 2021
Share
Guangxi Bossco Environmental Protection Technology Co.,Ltd. announced that it has signed a conditional effective share subscription agreement to issue not exceeding 121,713,938 shares at issue price of CNY 7.68 per share for gross proceeds of not more than CNY 934,763,043.84 on March 22, 2021. The transaction included participation from Guangzhou Environmental Protection Investment Group Co.,Ltd. The shares to be issued shall have a hold period of 36 months from the closing of the transaction. The transaction has been approved by the board of directors of the company at the second meeting of the fifth board of directors and still needs to be reviewed by the company's general meeting of shareholders, Shenzhen Stock Exchange, and China Securities Regulatory Commission.
Anhui Bossco Environmental Protection Technology Co Ltd, formerly Guangxi Bossco Environmental Protection Technology Co Ltd, is a China-based company mainly engaged in providing comprehensive solutions for comprehensive environmental management in multiple fields. The Company's business includes comprehensive environmental management business; environmental protection equipment manufacturing and sales business; water plant, sewage treatment plant, environmental sanitation integration, sludge and contaminated soil disposal terminal operation business, and comprehensive environmental consulting services. The Company's services cover the entire environmental protection industry chain including consulting, design, environmental assessment, testing, research and development, equipment manufacturing, engineering construction, investment and operations.
Guangxi Bossco Environmental Protection Technology Co.,Ltd. announced that it expects to receive CNY 934.763044 million in funding from Guangzhou Environmental Protection Investment Group Co.,Ltd.