Hubei Feilihua Quartz Glass Co., Ltd. announced that it expects to receive CNY 300 million in funding from China Asset Management Co., Ltd., CIB Fund Management Co., Ltd., Shanghai Guotai Junan Securities Assets Management Limited, CITIC Securities Company Limited, Asset Management Arm, CITIC Securities Investment Limited, Changjiang Pension Insurance Co., Ltd.
May 17, 2022
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Hubei Feilihua Quartz Glass Co.,Ltd announced a private placement of not more than 8,000,000 A shares for the gross proceeds of not more CNY 300,000,000 on May 18, 2022. The transaction will include not more than 35 investors. The company is subject to holding period of 6 months post closing of the transaction.
Hubei Feilihua Quartz Glass Co Ltd is a China-based company principally engaged in the manufacture and sale of quartz materials, glass materials, special fiber materials, composite materials, as well as related products. The Company's main products include quartz glass products and quartz glass materials. The Company's products are mainly used in the areas of semiconductor, optical communications, optical and aerospace. The Company mainly operates its businesses in the domestic and overseas markets.
Hubei Feilihua Quartz Glass Co., Ltd. announced that it expects to receive CNY 300 million in funding from China Asset Management Co., Ltd., CIB Fund Management Co., Ltd., Shanghai Guotai Junan Securities Assets Management Limited, CITIC Securities Company Limited, Asset Management Arm, CITIC Securities Investment Limited, Changjiang Pension Insurance Co., Ltd.