Haoyue Co., Ltd announced that it expects to receive $30 million in funding from Hangzhou Haoyue Personal Care Co., Ltd, Hangzhou Iraq Beijia Nursing Products Co., Ltd., Hangzhou Orange Selection Technology Co., Ltd.
October 21, 2021
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Haoyue (Thailand) Co., Ltd announced that it will receive $30 million in an equity round of funding on October 22, 2021. The transaction will include participation from Hangzhou Iraq Beijia Nursing Products Co., Ltd., Hangzhou Orange Selection Technology Co., Ltd., returning investor Hangzhou Haoyue Personal Care Co., Ltd for $29.4 million. The transaction has been approved at the 10th meeting of the second board of directors of Hangzhou Haoyue Personal Care Co., Ltd.
Hangzhou Haoyue Personal Care Co Ltd is a company engaged in research and development, production and sales of personal hygiene care products. The Company sells its products through original design manufacture (ODM) model. Its products are comprised of baby hygiene products, such as baby diapers; adult incontinence products, such as adult diapers and nursing pads; feminine hygiene products, such as menstrual pants and sanitary napkins; and non-absorbent hygiene products, such as wet wipes. The Company sells its products to both domestic and international markets, including South Korea, India, Pakistan, Belarus and so on.
Haoyue Co., Ltd announced that it expects to receive $30 million in funding from Hangzhou Haoyue Personal Care Co., Ltd, Hangzhou Iraq Beijia Nursing Products Co., Ltd., Hangzhou Orange Selection Technology Co., Ltd.