Nanfang Pump Industry Co., Ltd. announced that it expects to receive CNY 100 million in funding from Nanfang Zhongjin Environment Co., Ltd.
October 16, 2020
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Nanfang Pump Industry (Huzhou) Co., Ltd. announced that it will receive CNY 100 million in an equity round of funding on October 16, 2020. The transaction will include participation from returning investor Nanfang Zhongjin Environment Co., Ltd. (SZSE:300145). Pursuant to the transaction, the registered capital will be increase from CNY 20 million to CNY 120 million. The transaction has been approved by Nanfang Zhongjin Environment Co., Ltd. (SZSE:300145) in 17th meeting of the fourth directorate and does not require it's shareholders approval.
Nanfang Zhongjin Environment Co., Ltd., formerly Nanfang Pump Industry Co., Ltd., is a China-based company principally engaged in the research, development, manufacture and distribution of centrifugal pumps and other water supply equipment. The Companyâs main products include CDL series centrifugal pumps, CHL series centrifugal pumps, complete sets of water supply equipment, sewage pumps, pipe pumps, axially split pumps, fire pumps, metering pumps, oil pumps and deep well pumps, among others. The Company's products are used in clean water treatment, building water supply, heat supply system, pharmaceutical and electronic cleaning industries. The Company distributes its products in domestic market and to overseas markets.
NANFANG ZHONGJIN ENVIRONMENT CO., LTD. 
