Beijing Hengxin Rainbow Information Technology Co., Ltd. announced that it has received CNY 5 million in funding from Hengxin Shambala Culture Co.,Ltd.
August 12, 2016
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Beijing Hengxin Rainbow Information Technology Co., Ltd. announced that it received CNY 5,000,000 in equity funding on August 12, 2016. The transaction was approved at the 1st session of the 4th directorate of the investor and does not require its shareholder approval. The company’s registered capital will increase from CNY 5,000,000 to CNY 10,000,000. The company completed its change in industry and commerce registration procedures.
HENGXIN SHAMBALA CULTURE CO.,LTD., formerly HENGXIN MOBILE BUSINESS CO.,LTD., is a China-based company principally engaged in the industries supported by artistic creativity and visual technology. The Company operates through three main segments. The Computer Graphics (CG) and Visual Reality (VR) Content Production segment is mainly involved in the utilization of the Company's own CG and VR virtual reality content creation capabilities to build an image data asset library.The Children Industry Chain Development and Operation segment is mainly involved in the content production of childrenâs intellectual property (IP), channel distribution, derivative product licensing, and operation of the offline theme parks. The Location Based Entertainment (LBE) segment is mainly engaged in the provision of LBE venue design and manufacturing services to customers. Through its subsidiaries, the Company is also engaged in the mobile phone retail business and operator customized end product business.
Beijing Hengxin Rainbow Information Technology Co., Ltd. announced that it has received CNY 5 million in funding from Hengxin Shambala Culture Co.,Ltd.