Yasten Holding announced the participation of Hillhouse its previously announced private placement of RMB-denominated convertible senior notes and warrants and the completion of the first tranche
[출처/시간] Briefing.com - 6:03 AM ET, 05/21/2026 ertain affiliates of Hillhouse have joined the investment vehicle for the Transaction ( as a co-investor, alongside Trustar Capital and Mr. Jinfeng Huang, the Company's founder, Chairman and Chief Executive Officer. The Company and the Purchaser have entered into an amendment to the original note purchase agreement to reflect the expanded investor base. The total aggregate principal amount of the two
[출처/시간] Briefing.com - 6:03 AM ET, 05/21/2026
ertain affiliates of Hillhouse have joined the investment vehicle for the Transaction ( as a co-investor, alongside Trustar Capital and Mr. Jinfeng Huang, the Company's founder, Chairman and Chief Executive Officer. The Company and the Purchaser have entered into an amendment to the original note purchase agreement to reflect the expanded investor base. The total aggregate principal amount of the two equal tranches of notes remains unchanged at equivalent to approximately US$120 million. The Company continues to intend to use the net proceeds from the Transaction for product research and development, global supply chain integration, overseas market expansion, strategic mergers and acquisitions, and general corporate purposes.
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