iDreamSky Technology Completes Placing of Over 100 Million New Shares Under General Mandate

Reuters

2025/05/23

iDreamSky Technology Completes Placing of Over 100 Million New Shares Under General Mandate

iDreamSky Technology Holdings Ltd. has completed the issuance of 100,252,800 new shares under a general mandate. The process, known as the Placing, has met all conditions set out in the Placing Agreement. The executive team, led by Chairman Chen Xiangyu, includes Mr. Guan Song and Mr. Yang Jialiang, who are actively involved in the company's leadership. This development marks a significant step for iDreamSky Technology as it continues to expand its market presence.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iDreamsky Technology Holdings Ltd. published the original content used to generate this news brief on May 23, 2025, and is solely responsible for the information contained therein.

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