Puyang Huicheng Electronic Material Co., Ltd. announced that it expects to receive CNY 204 million in funding from Caitong Fund Management Co., Ltd., Beijing Core Kinetic Energy Investment Fund (LP), Zhengzhou Guotou Asset Management Co., Ltd.
September 28, 2016
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Puyang Huicheng Electronic Material Co., Ltd. announced a private placement of common shares for gross proceeds of up to CNY 204,000,000 on September 28, 2016. The company will seek shareholders’ approval at its 2nd extraordinary general meeting of 2016 to be held on October 18, 2016.
Puyang Huicheng Electronic Material Co.,Ltd is a China-based company principally engaged in the research and development, manufacture and sale of anhydride maleic anhydride derivatives, fluorene and other fine chemicals. The Company's main products include Tetrahydrophthalic Anhydride, Hexahydrophthalic Anhydride, Methyl Tetrahydrophthalic Anhydride and carbic anhydride, among others. The Company's anhydride maleic anhydride derivatives are mainly used for epoxy resin curing and the synthesis of polyester resin and alkyd resin. The Companyâs products are applied in electronic component encapsulation, electrical equipment insulation materials, coatings, composite materials, photolectric material and pharmaceutical intermediates. The Company distributes its products in domestic market and to overseas markets.
Puyang Huicheng Electronic Material Co., Ltd. announced that it expects to receive CNY 204 million in funding from Caitong Fund Management Co., Ltd., Beijing Core Kinetic Energy Investment Fund (LP), Zhengzhou Guotou Asset Management Co., Ltd.