Jiangsu Hynar Water Co., Ltd. announced that it expects to receive CNY 75 million in funding from Hynar Water Group Co., Ltd.
April 26, 2021
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Jiangsu Hynar Water Co., Ltd. announced that it will received CNY 75,000,000 in an equity round of funding on April 27, 2021. The transaction will include participation from returning investor, Hynar Water Group Co., Ltd. (SZSE:300961). After the capital increase, the registered capital of the company will increase from CNY 50,000,000 to CNY 125,000,000. The transaction has been approved at the 25th meeting of the 2nd board of directors and the 18th meeting of the 2nd board of supervisors.
Hynar Water Group Co Ltd is a China-based company mainly engaged in environmental protection water business. The Company operates through two segments. The Industrial Sewage Treatment Service segment mainly provides part or all of the services in the investment, design, construction and operation of sewage treatment plants and their supporting pipeline networks in industrial parks or industrial clusters. The Water Supply Service segment includes some or all of the services in the investment, design, construction and operation of water supply facilities that provide drinking water and pipeline direct drinking water and supporting pipeline networks. The Company mainly provides high-concentration, refractory industrial sewage treatment services for the pharmaceutical, printing and dyeing, chemical and other industries, and provides water supply services for municipal users and characteristic towns. The Company mainly conducts business within the domestic market.
HYNAR WATER GROUP CO., LTD. 
