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Ge Weidong Invests 1 Billion Yuan in JAC’s Private Share Placement
12 hour ago /
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Author：小编
On the evening of February 10, JAC Motors released a report detailing the progress of its private share placement. The company issued a total of 70.1684 million shares to eight investors, including Yao Zhichao and Ge Weidong, at a price of 49.88 yuan per share, successfully raising approximately 3.5 billion yuan in capital. Notably, private equity tycoon Ge Weidong invested nearly 1 billion yuan to acquire 20.0481 million shares. According to the placement terms, the shares subscribed by the investors in this transaction are subject to a six-month lock-up period, starting from the end of the issuance date, during which they cannot be transferred.
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