After the completion of the fixed increase, Qijia.com and its concerted parties will hold a total of 14.48% of the shares of Seagull Sanitary at a price of approximately 414 million yuan, becoming the company's second largest shareholder.
According to the agreement between the two parties, the two sides will cooperate on the capital, technology, products, data, Internet and other aspects. Qijia.com will use the operating experience of the e-commerce network platform to help Seagull Sanitary Ware expand its business in the Internet direction, including but not limited to corporate power.
Business platform construction, Internet product brand building and marketing system establishment and construction of integrated e-commerce service providers and other services. In this regard, Qihuawang Chairman and CEO Deng Huajin said that through strategic investment in Seagull Sanitary Ware,
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