Genic Shanghai Cosmetics announced that it will receive KRW 10,310,500,000 a round of funding on June 19, 2020. The transaction will include participation from returning investor Genic Co., Ltd. (KOSDAQ:A123330). The transaction has been approved by board of directors of Genic Co., Ltd. (KOSDAQ:A123330). The transaction is expected to close on July 24, 2020.