Guangdong Champion Asia Electronics Co.,Ltd. announced that it has received CNY 190.099973 million in funding from Huizhou Innovation Investment Co., Ltd., Shenzhen Mutual Fund Management Co., Ltd., Caitong Fund Management Co., Ltd. and other investors
September 11, 2021
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On September 11, 2021, Guangdong Champion Asia Electronics Co.,Ltd. closed the transaction. The company amended the terms of the transaction and issued 11,129,975 shares at CNY 17.08 per share for total proceeds of CNY 190,099,973. The transaction included participation from Dong Youquan for 3,512,880 shares, Gao Rongshun for 1,405,152 shares, Huizhou Innovation Investment Co., Ltd. for 2,640,515 shares, Shenzhen Mutual Fund Management Co., Ltd. for 878,220 shares and Caitong Fund Management Co., Ltd. for 2,693,208 shares. The company incurred issuance fees of CNY 6,187,877.32 to receive net proceeds of CNY 183,912,095.68. Post to the transaction, the total share capital increased from 223,281,808 shares to 234,411,783 shares.
Guangdong Champion Asia Electronics Co Ltd is a company mainly engaged in research and development, production and sales of printed circuit boards (PCBs). The Companyâs primary products include multi-layer immersion gold boards, high-multilayer boards, multi-layer motherboards and double-sided general boards, which are used in consumer electronics, industrial control and medical, computer and network equipment, automotive electronics, security electronics, aviation aerospace and other areas. The Company is also engaged in production and sales of surface mounted technology (SMT) equipment and provision of complete machine services.
Guangdong Champion Asia Electronics Co.,Ltd. announced that it has received CNY 190.099973 million in funding from Huizhou Innovation Investment Co., Ltd., Shenzhen Mutual Fund Management Co., Ltd., Caitong Fund Management Co., Ltd. and other investors