Changshu Alcha Aluminum Sales Co., Ltd. announced that it expects to receive CNY 25 million in funding from Jiangsu Alcha Aluminium Group Co., Ltd.
Changshu Alcha Aluminum Sales Co., Ltd. announced that it will receive CNY 25,000,000 in a round of funding from returning investor Jiangsu Alcha Aluminium Group Co., Ltd. on August 6, 2021. The company will issue common shares in the transaction. Post the closing of the transaction, the investor will continue to hold 100% stake in the company and registered capital for sales will increase from CNY 5,000,000 to CNY 30,000,000.