Exin Diamond New Third Board raised 110 million yuan for saw blade technology upgrades, etc.

On August 10th, Hubei Exin Diamond Technology Co., Ltd. (stock abbreviation: Exin Diamond Securities Code: 830925) officially issued 13.9192 million shares in the New Third Board today, raising funds of 112 million yuan. Fundraising for stock issuance for saw blade technology upgrade projects, gem-quality decorative diamond projects, replenishment of working capital and repayment of bank loans. The number of shares issued was 13.9292 million shares, the issue price was 8 yuan per share, and the raised funds were 112 million yuan. A total of 17 issuers were issued, including 7 new institutional investors and 10 new natural person investors. Hangzhou Yanrun Rongkun Investment Management Partnership (Limited Partnership) subscribed for RMB 30 million; Ningbo Meishan Bonded Port Area Yunxiao Equity Investment Fund Partnership (Limited Partnership) subscribed for RMB 15.90 million; new investor Shen Peng subscribed RMB 8 million; New investor Xie Xifang subscribed for 5 million yuan.
According to the data, the main business of Exin Diamond is the research and development, production and sales of composite diamond tools, synthetic diamond materials, alloy materials and mold materials.
Exin Diamond is the broker of Changjiang Securities and the legal consultant is Guohao Lawyer (Wuhan).
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