Puyi Announces Investment From New Dragon
PUYIPuyi(PUYI) Newsfilter·2024-01-16 21:46

GUANGZHOU, China, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Puyi Inc. (NASDAQ:PUYI) ("Puyi" or the "Company"), a leading third-party wealth management services provider in China, today announced that Puyi and certain shareholders have reached share purchase agreements with New Dragon Group (Far East) Limited ("New Dragon"), an investment management company based in Hong Kong, on January 12, 2024. Pursuant to the agreements, New Dragon will invest approximately US$13 million to subscribe for 4,224,000 ordinary share ...