Snow Wright announced on the evening of the 12th that the company recently received a notice from Daewoo Intelligent Manufacturing Industry Fund. Daewoo Intelligent Manufacturing Industry Fund signed an Investment Agreement with Zebao and some of its shareholders. Daewoo Intelligent Manufacturing Industry Fund transferred 98,891 shares of Zebao Co., Ltd. held by Yang Qianhao with its own funds of 8,375,328.07 yuan; and Zou Minqing held the loan of its own funds of 8,375,328.07 yuan. 98,889 shares of Baobao Co., Ltd.; and 135,941 new shares of Zeppen Co., Ltd., with its own funds of RMB 23,744,814.47. Daewoo Intelligent Manufacturing Industry Fund has a total investment of 40,495,470.61 yuan, holding a total of 333,721 shares of Zebao, and Daewoo Intelligent Manufacturing Industry Fund will account for 3.3289%.
It is reported that Zebao is a cross-border export e-commerce company. Currently, it is based on the Amazon e-commerce platform and is engaged in the development and sales of consumer electronics products, small household appliances and household products. Its main products include power supplies, LEDs, and smart homes.
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