On August 7, Jiangbolong made an announcement stating that it had finalized a share issuance to select investors. The company issued 6.6071 million shares at a price of 560 yuan apiece, amassing a total of 3.7 billion yuan in capital. After accounting for issuance expenses, the net proceeds amounted to 3.668 billion yuan. In the end, 21 issuing entities were identified, including notable names such as E Fund, Jin Changjiang, Zhao Qixiang, He Wei, among others. All shares come with a six-month lock-up period.
