Nanjing Jinghong New Energy Co., Ltd. announced that it expects to receive CNY 195.75 million in funding from Changzhou Almaden Co., Ltd.
June 13, 2018
Share
Nanjing Jinghong New Energy Co., Ltd. announced that it will receive CNY 195,750,000 in a round of funding from existing investor, Changzhou Almaden Co., Ltd. (SZSE:002623) on June 14, 2018. The company's capital will increase from CNY 100,000 to CNY 196,750,000. The transaction was approved by board of directors of the investor in 25th meeting of the 3rd directorate.
CHANGZHOU ALMADEN CO.,LTD. is a China-based company principally engaged in the research and development of photovoltaic glass coating technology, as well as the production and sale of photovoltaic coated glass. The Company mainly operates through three segments. The Photovoltaic Glass Anti-glare segment is engaged in the production and sale of photovoltaic coated glass. The Slim Double-glass Component segment is engaged in the production and sale of double-glass components. The Photovoltaic Power Station segment is engaged in the construction of photovoltaic power stations. The Company distributes its products in domestic market and to overseas markets.