Zhejiang Sunflower Juhui New Energy Technology Co., Ltd. announced that it expects to receive CNY 218 million in funding from Zhejiang Sunflower Light Energy Science & Technology Limited Liability Company
Zhejiang Sunflower Juhui New Energy Technology Co., Ltd. announced that it will receive CNY 218,000,000 in an equity round of funding from returning investor, Zhejiang Sunflower Light Energy Science & Technology Limited Liability Company (SZSE:300111) on July 31, 2019. Post the closing of the transaction, the registered capital of the company will increase from CNY 10,00,000 to CNY 228,000,000. The transaction has been approved by the board of directors of the investor in its 17th session of the company’s 4th directorate. The transaction is subject to shareholders approval of the investor.