Shanghai Gesi Aerospace Technology Co., Ltd announced that it has received CNY 600 million in funding from Jiangsu Yinhe Electronics Co.,Ltd., Chinese Academy of Sciences Capital Management Co., Ltd., Shanghai Zhongke Chenxin Satellite Technology Co., Ltd, Shanghai Songjiang State-owned Assets Investment Operation & Management Co., Ltd., Beijing Xinding Rongsheng Capital Management Co., Ltd., Beijing Rongchen Houji Investment Management Co., Ltd. and other investors
November 29, 2023
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On November 30, 2023, Shanghai Gesi Aerospace Technology Co., Ltd recently closed the transaction. The company received nearly CNY 600 million in the transaction. The transaction included participation from new investors Chinese Academy of Sciences Capital Management Co., Ltd., Shanghai Zhongke Chenxin Satellite Technology Co., Ltd., Shanghai Songjiang State-owned Assets Investment Operation & Management Co., Ltd, Beijing Xinding Rongsheng Capital Management Co., Ltd., Beijing Rongchen Houji Investment Management Co., Ltd, and others.
JIANGSU YINHE ELECTRONICS CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of digital television (TV) terminals and electronic equipment structural parts. The Company operates its businesses through three segments. The Digital Television Intelligent Terminals segment consists of wired digital set top boxes (STBs), satellite digital STBs, wireless digital STBs, Internet digital STBs and other intelligent television terminals. The Intelligent Electromechanical Equipment segment is engaged in the provision of electromechanical equipment and services of intelligent management systems. The Key Parts of New Energy Electric Vehicles segment is engaged in the provision of charging points, mobile chargers and electric air conditioning systems, among others. It distributes its products in domestic market and to overseas markets.
Shanghai Gesi Aerospace Technology Co., Ltd announced that it has received CNY 600 million in funding from Jiangsu Yinhe Electronics Co.,Ltd., Chinese Academy of Sciences Capital Management Co., Ltd., Shanghai Zhongke Chenxin Satellite Technology Co., Ltd, Shanghai Songjiang State-owned Assets Investment Operation & Management Co., Ltd., Beijing Xinding Rongsheng Capital Management Co., Ltd., Beijing Rongchen Houji Investment Management Co., Ltd. and other investors
JIANGSU YINHE ELECTRONICS CO.,LTD. 
