After holding 65 overseas licenses, Lianlian Digital claimed it would "fight back" into the domestic market, and executives responded regarding the company's equity change matters.
① Lianlian Digital's CEO, Xin Jie, informed the Financial Associated Press that the decision to significantly expand the domestic corporate clientele was made because there is great potential for value-added services development for this type of clientele. ② The new Trade will allow American Express to better enter China and also brings a large amount of Cash to Lianlian Digital. ③ In the current market environment, the safest development strategy is to secure as much funding as possible and have more flexibility.
The total number of YEAHKA issued and allocated shares is up to 19.15 million shares, and today's stock price dropped by 10%.
① YEAHKA announced the issuance and placement of up to 19.15 million shares; ② According to sources from the Financial Link, well-known Funds have already participated in the subscription; ③ Following the announcement, YEAHKA's share price fell sharply today, with market analysis attributing the decline to the low placement price and dilution of existing Shareholders' equity.
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