Suzhou Enteng Semiconductor Technology Co., Ltd announced that it expects to receive CNY 32.6 million in funding from Zhuzhou Feilu High-Tech Materials Co., Ltd., Suzhou Enxin Technology Co., Ltd., Shanghai Feilu Jiacheng Private Fund Management Co., Ltd., Suzhou Feiteng Information Consulting Partnership Enterprise (Limited Partnership), Suzhou Feiteng No. 2 Information Consulting Partnership (Limited Partnership) and other investors
September 13, 2021
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Suzhou Enteng Semiconductor Technology Co., Ltd announced that it will raise CNY 32.6 million in an equity round of funding on September 13, 2021. The transaction included participation form new investors Zhuzhou Feilu High-Tech Materials Co., Ltd for CNY 5,648,276, Zhuzhou Feilu High-Tech Materials Co., Ltd for CNY 651,724. affiliated party Sheng Lihua, Fan Guodong, Liu Xiongying and other non-affiliated investors for CNY 941,379, Suzhou Enxin Technology Co., Ltd for CNY 7,010,000, returning investors Suzhou Feiteng Information Consulting Partnership Enterprise (Limited Partnership) for CNY 862,000, Suzhou Feiteng No. 2 Information Consulting Partnership Enterprise (Limited Partnership for CNY 2,128,000 post transaction for 32.76% stake, 3.78% stake , 5.46% stake, 40.66% stake, 5% stake, and 12.34 stake% respectively. The transaction was approved by the investors board of directors in its 8th session of the companys 4th directorate and the 7th session of the companys 4th supervisory. The transaction is subjected to shares holders approval. The returning investors previously hold 70.10% stake, 8.62% stake, 21.28 % stake. The total company's registered capital is CNY 17,241,379 and previous investors hold CNY 7,241,379 for 42% stake.
Zhuzhou Feilu High-tech Materials Co Ltd is a company mainly engaged in research, development, production and sales of anti-corrosion and protective materials. The Company operates three segments. The Product Sales Business segment is engaged in the production and sales of anti-corrosion materials, waterproof materials and floors, including oil-based anti-corrosion materials and water-based anti-corrosion materials, paints and coils. The products are mainly applied in the anticorrosion of rail transit equipment, waterproofing of rail transit engineering market and civil construction market. The Paint and Coating Integration segment focuses on designing anti-corrosion and protection schemes, developing customized materials and providing construction services. The Coating Construction segment is involved in providing supporting construction services to the clients who purchase the materials.
Suzhou Enteng Semiconductor Technology Co., Ltd announced that it expects to receive CNY 32.6 million in funding from Zhuzhou Feilu High-Tech Materials Co., Ltd., Suzhou Enxin Technology Co., Ltd., Shanghai Feilu Jiacheng Private Fund Management Co., Ltd., Suzhou Feiteng Information Consulting Partnership Enterprise (Limited Partnership), Suzhou Feiteng No. 2 Information Consulting Partnership (Limited Partnership) and other investors