Jinshi Data May 28 News, recently, GTC Tea and Naixue Tea signed a 525 million yuan investment agreement. After the transaction is completed, Naixue Tea will become the controlling shareholder of GTC Tea, and Palm Capital will serve as the exclusive financial advisor for this transaction. This round of financing also broke the record for the highest amount of financing in GTC Tea's history. Specifically, after this round of financing is completed, Naixue Tea will hold 43.64% of GTC Tea's shares and have equal voting rights. Based on this calculation, GTC Tea's valuation is 1.2 billion yuan. It is reported that out of the 525 million yuan financing, 325 million yuan will be used for equity transfer and the remaining 200 million yuan will be used for capital increase. GTC Tea's previous round of financing was in July 2020, invested by Longbai Capital. Previously, Red Star Macalline and Pu Si Capital under Wang Sicong have also participated in GTC Tea's financing.
Jinshi Data May 28 News, recently, GTC Tea and Naixue Tea signed a 525 million yuan investment agreement. After the transaction is completed, Naixue Tea will become the controlling shareholder of GTC Tea, and Palm Capital will serve as the exclusive financial advisor for this transaction. This round of financing also broke the record for the highest amount of financing in GTC Tea's history. Specifically, after this round of financing is completed, Naixue Tea will hold 43.64% of GTC Tea's shares and have equal voting rights. Based on this calculation, GTC Tea's valuation is 1.2 billion yuan. It is reported that out of the 525 million yuan financing, 325 million yuan will be used for equity transfer and the remaining 200 million yuan will be used for capital increase. GTC Tea's previous round of financing was in July 2020, invested by Longbai Capital. Previously, Red Star Macalline and Pu Si Capital under Wang Sicong have also participated in GTC Tea's financing.