Enjoyor Technology Co., Ltd. announced that it expects to receive CNY 1 billion in funding
April 12, 2022
Share
Enjoyor Technology Co., Ltd. announced a private placement of not more than 196,736,725 A shares at an issue price of not less than 80% of the average price in the 20 trading days before the pricing reference date for gross proceeds of no more than CNY 1,000,000,000 on April 13, 2022. The transaction includes participation from not more than 35 investors. The shares cannot be transferred within 6 months from the issuance closing date. The transaction is approved by the board of directors in the 19th Meeting of the 5th Directorate and the 18th Meeting of the 5th Supervisory Board. The transaction is subject to approval from company's shareholders, the Shenzhen Stock Exchange, and the China Securities Regulatory Commission.
On August 29, 2022, the company announced the acceptance of the company's application for issuing shares to specific objects by the Shenzhen Stock Exchange.
Enjoyor Technology Co Ltd is a China-based company principally engaged in the provision of smart city solutions and data operation services. The Company's main products include intelligent transportation, intelligent medical treatment and smart city. The Company provides integrated smart city solutions and data operation services, including information system consulting and design, software development, system integration, operation and maintenance services. The Company operates its business within domestic market, with East China as the main market.