Zhejiang Bole Hydraulic Technology Co., Ltd. announced that it expects to receive CNY 14 million in funding from Zhejiang Sf Oilless Bearing Co.,Ltd. and other investors
December 27, 2022
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Zhejiang Bole Hydraulic Technology Co., Ltd. announced that it will raise CNY 14 million in an equity round of funding on December 27, 2022. The transaction will include participation of CNY 11.20 million from Zhejiang Sf Oilless Bearing Co.,Ltd. and company's shareholders. The company's registered capital will increase from CNY 12 million to CNY 26 million.
SF Oilless Bearing Group Co Ltd, formerly Zhejiang Sf Oilless Bearing Co Ltd, is a China-based company mainly engaged in the research, development, production and sales of self-lubricating bearings and composite materials for self-lubricating bearings. The Company's products have covered full series of sliding bearings: self-lubricating bearings, water-lubricating bearings, solid-lubricant-impregnated bearings, boundary-lubricating bearings, oil-lubricating bearings, and grease-lubricating bearings. The products are widely used in industries such as automobiles, engineering machinery, construction machinery, agricultural machinery, fluid transmission, wind power generation, photovoltaic power generation, steel metallurgy, industrial automation, food machinery, and office equipments, etc. The Company conducts its businesses within the domestic market and to overseas markets.
Zhejiang Bole Hydraulic Technology Co., Ltd. announced that it expects to receive CNY 14 million in funding from Zhejiang Sf Oilless Bearing Co.,Ltd. and other investors
SF OILLESS BEARING GROUP CO., LTD. 
