Qipai Technology has announced its intention to raise up to RMB 159 million through a private placement to its current controllers, Liang Dazhong, Bai Ying, and their son Liang Hua. The placement is priced at RMB 20.11 per share, with a maximum issuance of 7.9 million shares. The proceeds from this placement will be utilized to bolster the company's working capital.
