Industrial Securities Investment Management Co., Ltd. announced that it expects to receive CNY 3 billion in funding from Industrial Securities Co., Ltd.
Industrial Securities Investment Management Co., Ltd. announced that it will receive CNY 3,000 million in an equity round of funding from existing investor Industrial Securities Co., Ltd. (SHSE:601377) on December 5, 2019. Post the closing of the transaction, the investor will retain 100% stake in the company. The transaction has been approved by the 23rd meeting of 5th directorate of the investor.