Jiangsu Limin Soil Remediation Co., Ltd. announced that it expects to receive CNY 20 million in funding from Limin Group Co., Ltd.
April 18, 2021
Share
Jiangsu Limin Soil Remediation Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding on April 19, 2021. The transaction included participation from returning investor, Limin Group Co., Ltd. (SZSE:002734) to retain 100% stake in the company. After the capital increase, the registered capital of the company will increase from CNY 20,000,000 to CNY 32,000,000. The transaction has been approved by the board of directors at the 21st meeting of the fourth board of directors.
Limin Group Co., Ltd., formerly Limin Chemical Co., Ltd., is a China-based company principally engaged in the research, development, production and sales of pesticides and preparations. The Company mainly provides germicide products, including mancozeb, cymoxanil, fosetyl-aluminum and pyrimethanil, among others. It also provides pesticides such as thiacloprid and other formulations, and herbicides such as mesotrione. The Company distributes its products within domestic market and to overseas markets.
LIMIN GROUP CO.,LTD. 
