Jiangsu Dongyuan Nuclear Power Valve Engineering Technology Research Center Co., Ltd. announced that it expects to receive funding from Jiangsu Shentong Valve Co., Ltd.
August 13, 2016
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Jiangsu Dongyuan Nuclear Power Valve Engineering Technology Research Center Co., Ltd. announced that it will receive an equity round of funding on August 14, 2016. The transaction will include participation from existing investor, Jiangsu Shentong Valve Co., Ltd. (SZSE:002438). On closing, the investor will retain its 100% stake in the company. On closing, the registered capital of the company will increase to CNY 10,000,000. The transaction was approved at the 4th directorate of the 2nd meeting of the investor.
Jiangsu Shentong Valve Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of industrial valves. The Company provides BFG all dry dust removal system, Converter gas dust and recovery system, coke oven flue gas dust removal system, special valves of gas pipeline network system, which are used for metallurgy industry, coal chemical industry, ultra (ultra) supercritical thermal power industry, LNG cryogenic valves, and petroleum and petrochemical special valves.
Jiangsu Dongyuan Nuclear Power Valve Engineering Technology Research Center Co., Ltd. announced that it expects to receive funding from Jiangsu Shentong Valve Co., Ltd.
JIANGSU SHENTONG VALVE CO., LTD. 
