Zhongtianli New Third Board raised 10 million yuan and was fully subscribed by Taizheng Capital Management Co., Ltd

On January 3rd, it was reported that Yangzhou Zhongtianli New Materials Co., Ltd. (securities abbreviation: Zhongtianli Securities Code: 831035) officially issued 1.5221 million shares (all of which are shares with unlimited sales conditions) on the New Third Board today, raising a capital of 10 million yuan. The funds raised this time are mainly used to invest in the construction of the second phase (750 ton/year high-purity alumina production line) of the 1500 ton/year high-purity alumina production line project, mainly involving the investment in supporting equipment.

The number of shares issued this time is 1.5221 million, with an issuance price of 6.57 yuan per share. The raised capital is 10 million yuan, and there is one issuance target, all of which are subscribed by Taizheng Capital Management Co., Ltd.

According to the data from the Digbei New Third Board Research Institute, Zhongtianli's main business is the research and development, production, and sales of high-purity arsenic and high-purity alumina.

The main securities firm for this issuance of Zhongtianli is Hua'an Securities, and the legal advisor is Shanghai Jintiancheng (Nanjing) Law Firm.