Changchun Engley Automobile Parts Co., Ltd. announced that it has received CNY 93 million in funding from Cayman Engley Industrial Co., Ltd.
February 27, 2024
Share
Changchun Engley Auto Parts Co., Ltd. announced that it has received an equity round of funding from returning investor Cayman Engley Industrial Co., Ltd for gross proceeds of CNY 93,000,000 on February 28, 2024. The transaction has been approved by the board of the investor. The investor will continue to hold 100% stake in the company.
Cayman Engley Industrial Co., Ltd is a Cayman Islands-based company, which produces and sells automobile parts in China and internationally. The company offers stamping and welding parts, including body in white parts, cockpit carriers, and stamping bumpers; and roll parts, such as rolling bumpers and door sills. It also provides long fiberglass hot-pressing and injection products comprising under body shields, front ends, spare wheel pans, door modules, battery trays, wheel arch liners, heat shields, interior trim parts, and lamp brackets; and mold manufacturing products consisting of prototype and sop tools. In addition, the Company also engages in the development and manufacture of soft robot software; and provision of related technical consulting services.