NVC Lighting announced that the company entered into a subscription agreement with an independent subscriber. Conditionally issued a total of 85 million subscription shares at a price of 0.83 yuan per share, representing a discount of approximately 3.49% to the previous closing price of 0.86 per share, representing approximately 2.65% of the enlarged issued total share capital. The gross and net proceeds of the Subscription were approximately RMB 70.55 million and RMB 70 million respectively. The company intends to use the net proceeds for general corporate purposes, business development and working capital requirements. NVC Lighting means that the subscriber is a Sichuan distributor of the company and has more than 10 years of industry experience in the lighting industry. Outdoor Led Screen,Outdoor Waterproof Led Screen,Waterproof Led Screen,Outdoor Led Display Screen ALLIN , https://www.nbdisplayapio.com