Abstract On June 17th, Wuhan Wanbang Laser Diamond Tools Co., Ltd. (stock short name: Wanbang Tools Securities Code: 833484) officially issued 3 million shares in the New Third Board today, raising funds of 17.55 million yuan. The funds raised are partly used for...
On June 17th, Wuhan Wanbang Laser Diamond Tools Co., Ltd. (stock short name: Wanbang Tools Securities Code: 833484) officially issued 3 million shares in the New Third Board today, raising funds of 17.55 million yuan. Part of the funds raised will be used to support the development of the main business, increase investment in product research and development, marketing, etc., promote new technologies, enhance the company's profitability and risk resistance, and accelerate the company's development. The issue price is 5.85 yuan per share. The issue target is 5 natural persons and 1 institutional investor. Among them, Chen Li subscribed for 500,000 shares, costing 2.925 million yuan; Wang Xiaogen subscribed for 300,000 shares, costing 1.755 million yuan; Chen Jingxin subscribed for 300,000 shares, costing 1.755 million yuan; Wuhan Xindingke Packaging Materials Co., Ltd. subscribed for 1.2 million shares, costing 7.02 million yuan.
The data shows that Wanbang Tools was established on June 24, 2002. It is mainly engaged in the production and development of laser welding of various diamond products, including diamond saw blades, grinding wheels, drill bits (including geological drills, oil drills).
The board of directors of Wanbang Tools is Changjiang Securities, and the legal consultant is Hubei Huasheng Law Firm.
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