ST Tianshan: Chen Mingyi, Xiamen Shedder intends to subscribe for no more than 3.49 billion yuan.
ST Tianshan Announcement: Chen Mingyi and Xiamen Shed will subscribe to the A-share stocks issued by Tianshan Bio to specific investors in cash. The issuance price of this offering is 5.91 yuan per share, with a total fundraising amount not exceeding 349 million yuan. Xiamen Shed will subscribe to no more than 50 million shares, with a subscription amount not exceeding 296 million yuan; Chen Mingyi will subscribe to no more than 9 million shares, with a subscription amount not exceeding 53.19 million yuan. After this acquisition is completed, Chen Mingyi and the couple Chen Huan will directly or indirectly control 113 million shares of the listed company, corresponding to 37.77% of the total share capital after the company's issuance.
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