Winnovation Culturaltainment Development Limited. Class ASZSE: 000620

Winnovation Culturaltainment Development Plans Share Private Placement

· Issued by Winnovation Culturaltainment Development Limited. Class A

Winnovation Culturaltainment Development Ltd SZSE:000620:

  • SAYS IT PLANS TO RAISE UP TO 1.8 BILLION YUAN ($267.08 million) VIA SHARE PRIVATE PLACEMENT TO FUND PROJECTS, REPLENISH CAPITAL AND REPAY BANK LOANS

($1 = 6.7395 Chinese yuan renminbi)