Sichuan Gifore Agricultural Machinery Chain Co., Ltd. announced that it expects to receive CNY 112.8443 million in funding from Gifore Agricultural Science & Technology Service Co., Ltd.
Sichuan Gifore Agricultural Machinery Chain Co., Ltd. announced that it has received CNY 112,844,300 in an equity round of funding on April 1, 2020. The transaction will include participation from returning investor Gifore Agricultural Science & Technology Service Co., Ltd. (SZSE:300022). Post capital increase, the registered capital of the company will increase from CNY 37,155,700 to CNY 150,000,000. The transaction has been approved by the board of director's of the returning investor in its 51th meeting of the 4th directorate.