China SCE Group Holdings Limited (SEHK:1966) announced that it has signed a purchase agreement to issue 12,250,000 common shares at a price of CNY 16.32653 per share for gross proceeds of CNY 200,000,000 on January 25, 2019. The transaction will include participation from new investor Affluent Way International Limited, for 25% stake in the company. The transaction is expected to be closed within three business working days.