Nanjing Seamild Big Health Technology Co., Ltd. announced that it expects to receive CNY 70 million in funding from Guilin Seamild Foods Co., Ltd
August 31, 2020
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Nanjing Seamild Big Health Technology Co., Ltd. announced that it will receive CNY 70,000,000 in its equity round of funding on August 31, 2020. The transaction will include participation from returning investor Guilin Seamild Foods Co., Ltd (SZSE:002956). On closing, the investor retains its 100% stake in the company. As part of the transaction, CNY 5,000,000 going into registered capital and CNY 65,000,000 going into capital reserve.The transaction has been approved by board of directors of the Guilin Seamild Foods Co., Ltd (SZSE:002956) in its third meeting of the second board of directors.
Guilin Seamild Foods Co., Ltd. is a China-based company principally engaged in the research and development, production and sales of oatmeal food. The Company's main product is the Seamild brand oatmeal, which includes pure oats series oatmeal and composite series oatmeal. Among them, the pure oat series oatmeal mainly includes green oatmeal series and organic oatmeal series. The composite series oatmeal mainly includes Western Australia sunshine milk oatmeal series, balanced nourishing oatmeal series and middle-aged nutrition oatmeal series. The Company's mainly distributes its products in the domestic market.
GUILIN SEAMILD FOODS CO., LTD 
