Hangzhou Runda Medical Management Co., Ltd. announced that it expects to receive CNY 400 million in funding from Shanghai Runda Medical Technology Co., Ltd.
Hangzhou Runda Medical Management Co., Ltd. announced that it will receive CNY 400,000,000 in an equity round of funding from returning investor Shanghai Runda Medical Technology Co., Ltd. (SHSE:603108) on June 30, 2020. The transaction has been approved in the 7th session of the 4th directorate meeting of the investor. Post closing, the investor will continue to hold 100% stake in the company. Post the closing, the registered capital of the company will increase from CNY 100,000,000 to CNY 500,000,000.