Guangdong Manto Information Technology Co., Ltd. announced that it expects to receive CNY 12 million in funding from Eastone Century Technology Co.,Ltd.
August 15, 2019
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Guangdong Manto Information Technology Co., Ltd. announced that it will receive CNY 12,000,000 in an equity round of funding on August 16, 2019. The transaction will involve participation from returning investors, Eastone Century Technology Co.,Ltd. (SZSE:300310), Hu Kai, Wu Gang, and Xu Yuhui for CNY 10,000,000, CNY 1,200,000, CNY 500,000, and CNY 300,000 respectively and will hold 64.70%, 24.16%, 5.30%, and 3.36% respectively, post the closing of the transaction. The transcation has been approved by the board of directors of Eastone Century Technology Co.,Ltd. (SZSE:300310) in its 41st meeting of the company's directorate and does not require its shareholder's approval. Post the closing of the transaction, the registered capital of the company will increase from CNY 16,326,500 to CNY 28,326,500.
Eastone Century Technology Co.,Ltd., formerly Guangdong Eastone Century Technology Co., Ltd., is a China-based company principally engaged in the provision of communication network technology services. Its communication network technology services include network engineering services, network maintenance services and network optimization services. The Company also provides system solutions and communication network devices. Its system solutions include network support systems within operators and business systems for government and enterprise customers. Its communication network devices include base station antennas, testing instruments and software, among others. Besides, the Company is also engaged in medical device sales, health measurement analysis and leasing businesses. The Company mainly operates its businesses in domestic market.
Guangdong Manto Information Technology Co., Ltd. announced that it expects to receive CNY 12 million in funding from Eastone Century Technology Co.,Ltd.