Tibet Junfeng Digital Technology Co., Ltd. announced that it expects to receive $50 million in funding from Hainan Haide Capital Management Co., Ltd.
Post closing, the investor will hold 51% stake in the company, take total stake acquired 51% in security summary page and take deal event and purchase agreement signed.
Out of CNY 50,000,000, CNY 10,408,200 will be added as registered capital and CNY 39,591,800 will be added as capital reserve.
The registered capital of the company will increase from CNY 10,000,000 to CNY 20,408,200