Inovance Technology's top shareholder plans to increase its stake
According to 36Kr, Inovance Technology's top shareholder HuiChuan Investment plans to increase its stake within six months of the disclosure, with an amount between 150 million and 200 million yuan, funded by a combination of a dedicated increase loan and its own funds; ICBC Shenzhen Branch has committed to provide up to 400 million yuan in the increase loan.
Key facts
- 01HuiChuan Investment plans to increase its stake in Inovance Technology within six months of the disclosure.
- 02The planned increase amount is between 150 million and 200 million yuan.
- 03Funding will combine a dedicated increase loan and own funds.
- 04ICBC Shenzhen Branch commits to providing up to 400 million yuan for the increase loan.
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