GZYJPCO plans to raise no more than 490 million yuan through a private placement

According to the Zhitong Finance APP, GZYJPCO announced that the company plans to issue shares to specific targets, with a total fundraising amount not exceeding 490 million yuan (including the principal). The net proceeds from the fundraising, after deducting issuance costs, are intended to be used for: the acquisition of 100% equity in Phytoca Holdings Pty Ltd, the construction project of the research and design sample center, and the repayment of bank loans

According to the Zhitong Finance APP, GZYJPCO (603058.SH) announced that the company plans to issue shares to specific targets, raising a total amount of no more than 490 million yuan (including the principal). The net amount of funds raised after deducting issuance costs is intended to be used for: the acquisition of 100% equity in Phytoca Holdings Pty Ltd, the construction project of the research and design sample center, and the repayment of bank loans