Trendlines plans to raise RMB 5.6 million through a private placement. | Lianhe Zaobao
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Trendlines plans to raise RMB 5.6 million through a private placement, issuing new shares that account for approximately 5.75% of the share capital. The funds will be used for follow-up investments in key portfolio companies to maintain shareholding ratios and create long-term returns for shareholders. Subscription intentions have been received from multiple investors, including Lion Global Investors, a subsidiary of OCBC Bank. This placement is only open to institutional and qualified investors, with the share price closing down 2.5% at RMB 0.078
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