Translation: "Le Le Tea and Nayuki Tea have signed a 525 million yuan investment agreement. After the transaction is completed, Nayuki Tea will become the controlling shareholder of Le Le Tea, and Palm Capital will serve as the exclusive financial advisor for this transaction. This financing round also breaks the record for the highest amount of funding in Le Le Tea's history. Specifically, after this round of financing is completed, Nayuki Tea will hold 43.64% of Le Le Tea's shares and have equal voting rights, resulting in a valuation of 1.2 billion yuan for Le Le Tea. It is reported that out of the 525 million yuan financing, 325 million yuan is used for equity transfer and the remaining 200 million yuan is for capital increase. Le Le Tea's previous round of financing was in July 2020, with investment from Longbai Capital. Previously, Red Star Macalline and PuSi Capital, owned by Wang Sicong, have also participated in Le Le Tea's financing."
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"乐乐茶与奈雪的茶签署5.25亿元投资协议,交易完成后,奈雪的茶将成为乐乐茶控股股东,棕榈资本担任本次交易独家财务顾问。此轮融资也打破了乐乐茶有史以来最高的融资金额记录。具体而言,此轮融资完成后,奈雪的茶将持有乐乐茶43.64%的股份,并拥有相对等的投票权,由此计算乐乐茶的估值在12亿元。据悉,5.25亿的融资中,3.25亿用于老股转让,其余2亿为增资。乐乐茶上一轮融资停留在2020年7月,由龙柏资本投资。此前,红星美凯龙、王思聪旗下的普思资本都曾参与乐乐茶融资。"
Translation: "Le Le Tea and Nayuki Tea have signed a 525 million yuan investment agreement. After the transaction is completed, Nayuki Tea will become the controlling shareholder of Le Le Tea, and Palm Capital will serve as the exclusive financial advisor for this transaction. This financing round also breaks the record for the highest amount of funding in Le Le Tea's history. Specifically, after this round of financing is completed, Nayuki Tea will hold 43.64% of Le Le Tea's shares and have equal voting rights, resulting in a valuation of 1.2 billion yuan for Le Le Tea. It is reported that out of the 525 million yuan financing, 325 million yuan is used for equity transfer and the remaining 200 million yuan is for capital increase. Le Le Tea's previous round of financing was in July 2020, with investment from Longbai Capital. Previously, Red Star Macalline and PuSi Capital, owned by Wang Sicong, have also participated in Le Le Tea's financing."