Henan Mingsheng New Material Technology Co., Ltd. announced that it expects to receive CNY 190 million in funding from Henan Mingtai Al.Industrial Co., Ltd.
December 09, 2020
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Henan Mingsheng New Material Technology Co., Ltd. announced that it will receive CNY 190,000,000 in an equity round of funding on December 10, 2020. The transaction will involve participation from returning investor Henan Mingtai Al.Industrial Co., Ltd. (SHSE:601677). The transaction has been approved at the 15th meeting of the 5th session of the board of directors and the first extraordinary general meeting of shareholders of the investor.
Henan Mingtai Al Industrial Co Ltd is a China-based company mainly engaged in the aluminum sheet, strip and foil, aluminum profiles and comprehensive utilization of renewable resources. The Company's main products include soft pack battery aluminum foil, electronic foil, checkered plate, commercial vehicle lightweight material, food and drug packaging foil, rail car body profile, aluminum alloy rail car body, new energy battery tray, automotive profile, extruded aluminum for Ultra High Voltage (UHV) transmission equipment Gas Insulated Line (GIL) Pipes, rail vehicle interior parts and other products. The Company's products are mainly used in new energy, new materials, Fifth Generation (5G) communication, pharmaceutical packaging, food packaging, transportation, UHV power transmission, rail car body, military industry and many other fields. The Company distributes its products in domestic market and to overseas markets.
Henan Mingsheng New Material Technology Co., Ltd. announced that it expects to receive CNY 190 million in funding from Henan Mingtai Al.Industrial Co., Ltd.
HENAN MINGTAI AL.INDUSTRIAL CO.,LTD. 
