Anhui Fengxing Wear Resistant Materials Co., Ltd. announced that it has received CNY 353.999983 million in funding from Jiangxi Tellhow Technology Development Co., Ltd.
September 09, 2021
Share
On September 10, 2021, Anhui Fengxing Wear Resistant Materials Co., Ltd. closed the transaction. The company received net proceeds of CNY 350,359,427.94 in the transaction after deducting all issuance expenses.
Fengxing Co Ltd, formerly Anhui Fengxing Wear Resistant Materials Co Ltd, is a China-based company mainly engaged in high-efficiency and environmentally friendly motors and integrated system solutions for marine power business and wear-resistant materials business. The high-efficiency and environmentally friendly motors and integrated system solutions for marine power business is mainly engaged in the research and development, manufacturing, sales and service of high-efficiency and environmental-friendly generators and their application in specific scenarios. The wear-resistant materials business is specialized in the research and development, production, sales and technical services of wear-resistant materials, including high-chromium ball sections, extra-high-chromium ball sections, liners and others.
Anhui Fengxing Wear Resistant Materials Co., Ltd. announced that it has received CNY 353.999983 million in funding from Jiangxi Tellhow Technology Development Co., Ltd.