Tianqi Lithium Mining Company, which originally had a market value of only 1 billion yuan, was acquired by Xinghai New Energy Technology Company for 100% of its shares, and then suspended trading and increased capital and shares.

Xinghai New Energy Technology Company spent 10 billion yuan to buy mines and optimize technology. Before re-listing, it was valued at 30 billion yuan and planned to raise 10 billion yuan.

In other words, the total capital will become 40 billion yuan, and the ratio of tradable shares = 100/400 = 25%.

Xinghai New Energy Division

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