Letong Chemical Co.,LTD announced a private placement of up to CNY 380,000,000 in an equity round of funding on October 25, 2020. The transaction will include participation from returning investor Shenzhen Dacheng Asset Management Co., Ltd. The transaction is subject to approval from the shareholders' of the company. The transaction has been approved by the China Securities Regulatory Commission .
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- Letong Chemical Co.,LTD announced that it expects to receive CNY 380 million in funding from Shenzhen Dacheng Asset Management Co., Ltd.