Bohai Leasing Co., Ltd. (SZSE:000415) announced that it has entered into a share subscription agreement for a private placement of not more than 45,463,400 shares for gross proceeds of CNY 2,100,000,000 on January 4, 2019. The transaction will include participation from China Integrated Circuit Industry Investment Fund Co., Ltd., a fund managed by Huaxin Investment Management Co., Ltd. for CNY 920,000,000, Beijing Electronics Holding Co., Ltd. for CNY 600,000,000, Beijing Jing Guorui State-owned Enterprise Reform and Development Fund for, CNY 500,000,000 and Beijing Semiconductor Manufacturing and Equipment Equity Investment Center for CNY 80,000,000. The transaction has been approved at the 19th meeting of the 6th directorate. The transaction is subject to the approvals of the shareholders and the China Securities Regulatory Commission. The shares cannot be transferred within 36 months from the issuance closing date.