Tianyuan Pet receives regulatory approval for share purchase, supporting fundraising up to 224 million yuan
On September 24, 2026, Hangzhou Tianyuan Pet Products Co., Ltd. received China Securities Regulatory Commission (CSRC) approval to acquire an 89.7145% stake in Guangzhou Taotong Technology Co., Ltd. via share issuance and cash. The CSRC also approved raising up to 224 million yuan in supporting funds through a private placement to up to 35 qualified investors. The approval is valid for 12 months.
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Tianyuan Pet receives China securities regulator approval for share acquisition of Guangzhou Taotong
On September 24, 2026, Hangzhou Tianyuan Pet Products Co., Ltd. announced it received approval from the China Securities Regulatory Commission (CSRC) for its plan to acquire an 89.7145% stake in Guangzhou Taotong Technology Co., Ltd. The acquisition will be executed through a combination of share issuance and cash payment. Specifically, the CSRC approved the issuance of approximately 6.64 million shares to ten individuals and entities, including Li Tao, Fang Chao, and Ning Dongjun, in exchange for their shares in the target company. Additionally, the regulator approved a concurrent plan to raise up to approximately 224 million yuan in supporting funds through a private placement to no more than 35 qualified investors. The approval is valid for 12 months from the date of issuance. The article notes that it was generated by AI and does not constitute investment advice.
Read sourceTianyuan Pet receives regulatory approval for share purchase, plans up to 224 million yuan fundraising
On September 24, Tianyuan Pet Products Co., Ltd. (stock code: 301335) announced it received approval from the China Securities Regulatory Commission (CSRC) for its plan to acquire 89.7145% of Guangzhou Taotong Technology Co., Ltd. through a combination of share issuance and cash payment. The CSRC approved the issuance of specific shares to ten entities, including Li Tao, Fang Chao, and Ning Dongjun, in exchange for the target assets. Additionally, the regulator approved the company's plan to raise no more than 224 million yuan in supporting funds through a private placement to up to 35 qualified investors. The approval is valid for 12 months from the date of issuance. The report is attributed to Beijing Business Today reporters Dong Liang and intern Lu Qin.
Read sourceTianyuan Pet Gets China Securities Regulator Approval for Share Issuance to Buy Assets
Tianyuan Pet Products Co., Ltd. (Shenzhen: 301335) announced that it has received approval from the China Securities Regulatory Commission (CSRC) for its plan to issue shares and use cash to acquire an 89.7145% stake in Guangzhou Taotong Technology Co., Ltd. The company will also raise up to 224 million yuan in supporting funds through a private placement to no more than 35 qualified investors. The CSRC's approval, received on September 24, 2026, covers both the share issuance for the asset purchase and the fundraising component. The acquisition is part of Tianyuan Pet's strategy to expand its business through the purchase of Taotong Technology, a company specializing in e-commerce services.
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Tianyuan Pet Products Gets CSRC Approval for Share Issuance and Fundraising
On September 24, Tianyuan Pet Products Co., Ltd. announced it received approval from the China Securities Regulatory Commission (CSRC) for its plan to issue shares to acquire assets and raise matching funds. The CSRC approved the issuance of approximately 6.64 million shares to ten parties, including Li Tao, Fang Chao, Ning Dongjun, Sun Na, Zhoushan Letao Enterprise Management Consulting Partnership, Guangzhou Youtao Investment Partnership, Fu Guohong, Wang Di, Yu Caiyan, and Gou Dacheng, in exchange for related assets. Additionally, the regulator approved the company's application to raise no more than approximately 224 million yuan in matching funds through a share issuance. The approval is valid for 12 months from the date of issuance. The report, generated by AI, does not constitute investment advice and originates from Shanghai Securities News and China Securities Network.
Read sourceTianyuan Pet receives regulatory approval for share purchase, supporting fundraising up to 224 million yuan
On September 24, Tianyuan Pet Products Co., Ltd. announced it received approval from the China Securities Regulatory Commission (CSRC) for its plan to acquire 89.7145% of Guangzhou Taotong Technology Co., Ltd. through a combination of share issuance and cash payment. The CSRC approved the issuance of specific shares to multiple individuals and entities, including Li Tao, Fang Chao, and others, as part of the asset purchase. Additionally, the regulator approved the company's application to raise no more than 224 million yuan in supporting funds through a private placement to up to 35 qualified investors. The approval is valid for 12 months from the date of issuance. The news was sourced from Beijing Business Today and reported by East Money News.
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