Zhongcheng Qingtai Lawyer Helps Luyin Investment to Successfully Issue Shares
Published:
2022-01-07
On January 4, 2022, Luyin Investment Group Co., Ltd. (hereinafter referred to as "Luyin investment", stock code 600784) announced that it had received the reply on approving the non-public offering of shares of Luyin Investment Group Co., Ltd. (CSRC license [2021] No. 4149) issued by China Securities Regulatory Commission, This non-public offering of shares by Zhongcheng Qingtai (Jinan) law firm to provide special legal advisory services. Luyin Investment's non-public issuance of shares does not exceed 107,474,431 shares (including the number). After deducting the issuance expenses, all the funds raised are planned to be used to repay bank loans, which will help listed companies control financial expenses, improve profitability, and further improve debt. Ability to reduce financing costs. The main industries of Luyin Investment include equity investment, salt and salt chemical industry, powder metallurgy and products, cashmere textile, economic and trade business, etc, it has jurisdiction over more than 20 wholly-owned and holding subsidiaries, including Shandong Luyan Group Co., Ltd., Shandong Luyin New Material Technology Co., Ltd., Shandong Luyin Yanxue Energy Storage Engineering Technology Co., Ltd., Shandong Luyin (Shouguang) New Energy Co., Ltd., Shandong Luyin International Economic and Trade Co., Ltd., Luyin Group Yucheng Cashmere Textile Co., Ltd., Luyin Group Yucheng Powder Metallurgy Products Co., Ltd., and more than 10 companies, including Wanrun shares. Zhongcheng Qingtai (Jinan) Law Firm was hired as the special legal adviser for Luyin Investment's non-public offering project. Zhongcheng Qingtai senior partners Ma Shibin and Hu Youbin led the project team members lawyers Cai Jing, Qu Mengyu, Pan Xiaofan and Liu Xin to provide them with comprehensive, efficient and high-quality legal services.
On January 4, 2022, Luyin Investment Group Co., Ltd. (hereinafter referred to as "Luyin investment", stock code 600784) announced that it had received the reply on approving the non-public offering of shares of Luyin Investment Group Co., Ltd. (CSRC license [2021] No. 4149) issued by China Securities Regulatory Commission, This non-public offering of shares by Zhongcheng Qingtai (Jinan) law firm to provide special legal advisory services.
Luyin Investment's non-public issuance of shares does not exceed 107,474,431 shares (including the number). After deducting the issuance expenses, all the funds raised are planned to be used to repay bank loans, which will help listed companies control financial expenses, improve profitability, and further improve debt. Ability to reduce financing costs.
The main industries of Luyin Investment include equity investment, salt and salt chemical industry, powder metallurgy and products, cashmere textile, economic and trade business, etc, it has jurisdiction over more than 20 wholly-owned and holding subsidiaries, including Shandong Luyan Group Co., Ltd., Shandong Luyin New Material Technology Co., Ltd., Shandong Luyin Yanxue Energy Storage Engineering Technology Co., Ltd., Shandong Luyin (Shouguang) New Energy Co., Ltd., Shandong Luyin International Economic and Trade Co., Ltd., Luyin Group Yucheng Cashmere Textile Co., Ltd., Luyin Group Yucheng Powder Metallurgy Products Co., Ltd., and more than 10 companies, including Wanrun shares.
Zhongcheng Qingtai (Jinan) Law Firm was hired as the special legal adviser for Luyin Investment's non-public offering project. Zhongcheng Qingtai senior partners Ma Shibin and Hu Youbin led the project team members lawyers Cai Jing, Qu Mengyu, Pan Xiaofan and Liu Xin to provide them with comprehensive, efficient and high-quality legal services.
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