Tellus is conducting a cash capital increase with the goal of an IPO within 3 years
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Tellus Group announced that Tellus Home will conduct a cash capital increase, planning to go public in the next three years. The parent company, Tellus, has waived its subscription rights, reducing its shareholding ratio to 72.92%. This capital increase will issue 26 million shares, raising a total of 988 million yuan. Tellus Home expects that after the capital increase, its paid-in capital will rise to 960 million yuan, continuing to optimize its product mix and service experience, and maintain steady performance growth
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