Huizhou Lyric Robot Investment Co., Ltd. announced that it expects to receive CNY 2.499888 billion in funding from Guangdong Lyric Robot Automation Co., Ltd.
May 23, 2023
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Huizhou Lyric Robot Investment Co., Ltd. announced that it has signed an agreement to issue A shares for gross proceeds of CNY 2,499,888,000 on May 24, 2023. The transaction will include participation from 35 investors including new investor, Guangdong Lyric Robot Automation Co., Ltd. The issue price will not be lower than 80% of the company's stock trading average price in the 20 trading days prior to the pricing base date. The transaction still needs to be approved by Shanghai Stock Exchange and China Securities Regulatory Commission. The transaction has been approved by the 26th meeting of the 2nd board of directors and 19th meeting of the 2nd supervisory board. The transaction still needs to be approved Shanghai Stock Exchange and China Securities Regulatory Commission.
On February 28, 2023, The transaction has been approved by the 22nd meeting of the 2nd board of directors and the 16th meeting of the 2nd supervisory board.
On March 16, 2023, The transaction has been approved in the 1st extraordinary shareholdersâ meeting in 2023.
On April 27, 2023, The transaction has been approved in the 24th meeting of the 2nd board of directors and the 17th meeting of the 2nd supervisory board.
Guangdong Lyric Robot Automation Co Ltd is a China-based company mainly engaged in the research and development, production and sales of intelligent manufacturing equipment. The Company's products mainly include lithium battery manufacturing equipment, auto part manufacturing equipment and manufacturing equipment for other industries. The Company's auto part manufacturing equipment includes assembly and testing equipment for quick-plug connectors, phasers, door stoppers, car sunroofs, car door hinges and car door locks and other auto parts. Its manufacturing equipment in other fields is mainly used in precision electronics, security, rail transit, as well as medical and health industries.
Huizhou Lyric Robot Investment Co., Ltd. announced that it expects to receive CNY 2.499888 billion in funding from Guangdong Lyric Robot Automation Co., Ltd.