Weifu High-tech invests 70 million yuan in Tianqi shares

Weifu Hi-Tech announced on June 3 that it will invest 69,313,500 yuan in the private placement of small and medium-sized companies Tianqi shares. Weifu Hi-tech will subscribe for 9.3 million shares of Tianqi’s non-public offering of shares at a price of 7.455 yuan per share, accounting for 2.9% of its total non-publicly issued share capital. The investment amount represents Weifu Hi-tech’s latest audited net assets. 0.8%.

Weifu Hi-Tech Co., Ltd. is a joint venture company with multinational parts and components company Bosch. It mainly produces diesel high-pressure common rails , automotive after-treatment systems and other services. Tianqi Co., Ltd. is a company mainly engaged in the design, manufacture, installation and management of logistics delivery systems and automated warehouses. Systematic enterprise.

An announcement issued by Tianqi Stock Co., Ltd. shows that the company recently issued non-public offerings of no more than 100 million shares, among which 7 investors are mainly fund management companies, and only Weifu Hi-Tech Co., Ltd. is an industrial company.

Chen Xuejun, chairman of Weifu Hi-tech Group, told the reporter of the “First Financial Daily” that investing in Tianqi’s shares was due to his familiarity with Tianqi. Before Tianqi’s shares, he had made an auto production line to Weifu Hi-Tech. Under the premise of IPO closure, private placement is also a scarce resource. The future will also consider the level of industrial investment.

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