[Caihua News]China Public Procurement (01094.HK)It was announced that after the trading session on September 8, 2021, the company distributed 48.8 million new shares to Dongfeng Global Co., Ltd. at 0.361 yuan per share, raising 176.168 million yuan in capital.

The placement of shares accounted for about 16.65% of the issued share capital after the expansion; the prospectus price was 0.45 yuan compared to today's closing price, a discount of 19.78%.

The company intends to use the net proceeds to enhance its general working capital to support the day-to-day operations of the group's existing business.

Dongfeng Global Limited is a limited company incorporated in Hong KongliabilitiesThe company is ultimately owned by Trident Trust Company (Singapore) Pte Limited (the trustee of the discretionary trust, with Ms. Lau Luoxiu as the client and several family members of Ms. Liu Luoxiu as the beneficiaries). The subscriber is an investment holding company. According to the director's knowledge, knowledge and conviction after making all reasonable inquiries, the subscribers and their ultimate beneficial owners are independent third parties.