Xiamen Jiarong Technology Co. Ltd. Class ASZSE: 301148

Xiamen Jiarong Technology Plans To Buy Lanran Technology For 1.4 Billion Yuan

· Issued by Xiamen Jiarong Technology Co. Ltd. Class A

Xiamen Jiarong Technology Corp Ltd SZSE:301148:

  • SAYS IT PLANS TO BUY LANRAN TECHNOLOGY FOR 1.4 BILLION YUAN ($206.35 million)

  • SAYS IT PLANS TO RAISE 1 BILLION YUAN IN SUPPORTING FUNDS VIA SHARE PRIVATE PLACEMENT FOR PROJECTS, WORKING CAPITAL

($1 = 6.7846 Chinese yuan renminbi)