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Air US media participates in Sinopec replenishment agreement

Source: Internet
Author: User
Keywords Sinopec increase capital view
Tags .xin air us media check check out media replenishment view
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Absrtact: Check the latest quotes Beijing time, September 17 Evening News, Air US media (NASDAQ:AMCN) announced today, Qingdao Jinshi Zhi Xin Investment Center (hereinafter referred to as Jinshi us) and Sinopec wholly-owned subsidiary of China Petrochemical Sales Co., Ltd. signed an increase agreement. View the latest quotes

Beijing time September 17 Evening News, Air US media (NASDAQ:AMCN) announced today, Qingdao Jinshi Wisdom Investment Center (hereinafter referred to as "stone Wisdom Letter") and Sinopec wholly-owned subsidiary of China Petrochemical Sales Co., Ltd. signed an increase agreement.

The Philosopher's letter is a special purpose investment vehicle funded by the aviation and American media and its joint investors.

Under the agreement, Jinshi us will subscribe to 0.42% of China Petrochemical Sales limited by 1.5 billion yuan. Air U.S. media as a strategic investor participation in the injection, agreed to 50 million yuan to subscribe to the 3.33% of the limited partnership interests of the Jinshi. (Li Ming)


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