Daye Jinpeng Cap Manufacturing Co., Ltd announced that it expects to receive CNY 40 million in funding from Shandong Lipeng Co., Ltd.
October 19, 2020
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Daye Jinpeng Cap Manufacturing Co., Ltd announced that it will receive CNY 40,000,000 in an equity round of funding on October 19, 2020. The transaction will include participation from existing investor Shandong Lipeng Co., Ltd. (SZSE:002374). The registered capital of the company will increase to CNY 80,500,000. The transaction has been approved at the 8th meeting of 5th board of directors of the company.
Shandong Chiway Industry Development Co Ltd, formerly Shandong Lipeng Co Ltd, is principally engaged in the composite anti-counterfeit printing of aluminum plates, as well as the manufacture and sale of anti-counterfeit bottle caps. The Companyâs products are composite anti-counterfeit printed aluminum plates, which are applied in processing and manufacture of aluminum anti-counterfeit bottle caps, as well as aluminum anti-counterfeit bottle caps and combined anti-counterfeit bottle tops, which are applied in packaging of products such as liquor, healthcare liquor and beer, among others. In addition, the Company provides aluminum strips, and related equipment and molds. The Company is also engaged in the landscaping and environment treatment businesses, such as ecological restoration, landscape construction, landscape planning and design, green conservation and nursery stock sales, among others.
SHANDONG CHIWAY INDUSTRY DEVELOPMENT CO.,LTD 
