Fuzhou Xingxing Investment Development Co., Ltd. announced that it expects to receive CNY 10 million in funding from Fujian Nebula Electronics Co., Ltd.
July 04, 2021
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Fuzhou Xingxing Investment Development Co., Ltd. announced that it will receive CNY 10,000,000 in an equity round of funding on July 5, 2021. The transaction will include participation from returning investor Fujian Nebula Electronics Co., Ltd. Post closing, the registered capital of the company will increase from CNY 10,000,000 to CNY 20,000,000, and the investor will continue to hold 100% stake in the company. The transaction has been approved in the 12th meeting of the 3rd directorate of the investor.
Fujian Nebula Electronics., Ltd is a China-based company principally engaged in the research, development, production and sales of lithium battery detection systems and related products. The Company's main products include lithium battery protection panel testing systems, lithium battery product testing systems, lithium battery pack battery management system (BMS) testing systems, lithium battery pack charging and discharging testing systems, lithium battery pack working condition simulation testing systems, lithium battery module/lithium battery pack (PACK) automatic assembly systems and power battery module/ PACK end of line (EOL) testing systems. The Company distributes its products in the domestic market.
Fuzhou Xingxing Investment Development Co., Ltd. announced that it expects to receive CNY 10 million in funding from Fujian Nebula Electronics Co., Ltd.
FUJIAN NEBULA ELECTRONICS CO., LTD. 
