Great Chinasoft Technology Co.,Ltd. announced that it has received CNY 639.999997 million in funding from Wufu Technology Group Co., Ltd.
August 30, 2021
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On August 30, 2021, Great Chinasoft Technology Co.,Ltd. closed the transaction. The transaction included participation from Wufu Technology Group Co., Ltd. Post to the transaction, the stake held by the investor will increase from 18.66% to 32.94%. The company has received the net proceeds of CNY 637,400,000 in the transaction.
Great Chinasoft Technology Co., Ltd, formerly Suzhou Tianma Specialty Chemicals Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and distribution of fine chemical products. The Company primarily provides paper making chemicals, including paper making sizing agent, alkyl ketene dimmer (AKD) raw powders and AKD emulsion; pharmaceutical intermediates, including amino acid protective agents and protected amino acids series products, pesticide intermediates, as well as phosgene derivatives and others. It is also engaged in the provision of phosgene processing services, as well as supply chain management and software development and sales businesses. The Company conducts its businesses in both domestic and overseas markets.
GREAT CHINASOFT TECHNOLOGY CO.,LTD. 