Beijing Sugon Yitong Technology Co., Ltd. announced that it expects to receive CNY 44 million in funding from Weihai Luxin New Beiyang Intelligent Equipment Industrial M&A Fund Partnership Enterprise, Shandong Luxin Qisheng Investment Management Co., Ltd., Synthesis Electronic Technology Co., Ltd., and other investors
January 17, 2018
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Beijing Sugon Yitong Technology Co., Ltd. announced that it will receive CNY 44,000,000 in funding on January 17, 2018. The transaction will include participation from Weihai Luxin New Beiyang Intelligent Equipment Industrial M&A Fund Partnership Enterprise for CNY 24,000,000, Shandong Luxin Capital Market Development Equity Investment Fund Partnership Enterprise (L.P.), Shandong Luxin Qisheng Investment Management Co., Ltd. CNY 6,000,000, Synthesis Electronic Technology Co., Ltd. (SZSE:300479) for CNY 6,000,000, and other investors. The transaction has been approved at 1st extraordinary meeting of 2018 of the company’s 3rd directorate meeting. The company reported total assets of CNY 61,330,287.99, revenue of CNY 16,509,665.89, and net income of CNY 884,174.98 year ended 2017.
Synthesis Electronic Technology Co., Ltd., formerly Shandong Synthesis Electronic Technology Co., Ltd, is a China-based company engaged in development, manufacture and sales of smart identification terminals and industry application software. The Companyâs products include terminal products and system products. The terminal products include cards authentication terminals and industry solutions, compound authentication terminals for cards and biological features and industry solutions, multi-function terminals for identification and electric payment and industry solutions. The cards include identity cards, social insurance cards, bank cards, health certificates, residence permits, citizen metro cards. The biological features include finger print, facial form, iris, digital veins and others. The Companyâs system products comprise terminal equipment and industry application software in four industries of finance, public safety, communication and social insurance (life insurance).
Beijing Sugon Yitong Technology Co., Ltd. announced that it expects to receive CNY 44 million in funding from Weihai Luxin New Beiyang Intelligent Equipment Industrial M&A Fund Partnership Enterprise, Shandong Luxin Qisheng Investment Management Co., Ltd., Synthesis Electronic Technology Co., Ltd., and other investors
SYNTHESIS ELECTRONIC TECHNOLOGY CO.,LTD. 
