Shanghai Xinchuan Investment Management Co., Ltd. announced that it has received CNY 25 million in funding from Shanghai Canature Environmental Products Co., Ltd.
January 08, 2013 at 09:30 am IST
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Shanghai Xinchuan Investment Management Co., Ltd. announced that it has received CNY 25,000,000 in a round of funding from existing investor, Shanghai Canature Environmental Products Co., Ltd. on January 8, 2013. The company's registered capital increased from CNY 10,000,000 to CNY 35,000,000. The investor retains 100% stake of the company.
On January 8, 2013, Shanghai Xinchuan Investment Management Co., Ltd. closed the transaction.
Canature Health Technology Co Ltd is a China-based company mainly engaged in the manufacturing of water treatment products. The Company is committed to the research, development, manufacturing, sales and services of residential water treatment products and core components such as whole-house water purifiers, whole-house water softeners, commercial purified water dispensers, RO membrane reverse osmosis water purifiers, multi-way control valves, composite material pressure vessels, and membrane elements. The Company provides customized water solutions including residential water solutions, commercial water solutions, public facilities water solutions, industrial water and other special conditions. The Company sells its products domestically in China as well as in overseas markets including Europe, North America and other parts of Asia.
Shanghai Xinchuan Investment Management Co., Ltd. announced that it has received CNY 25 million in funding from Shanghai Canature Environmental Products Co., Ltd.