Fujian Zitian Media Technology Co., Ltd. announced a private placement of common shares for proceeds of up to CNY 750,000,000 on December 9, 2022.
The transaction will include participation from Xinyu Bazhong Technology Co., Ltd. for 10,605,203 shares in the company, Hainan Jianjun Technology Co., Ltd. for 10,605,203 shares in the company, Hainan Boxin Technology Co., Ltd for 10,605,203 shares in the company, Hainan Zijing Technology Co., Ltd. for 10,605,203 shares in the company