Shandong Hualing Electronics Co., Ltd. announced that it has received CNY 38.64 million in funding from Weihai BeiYang Electric Group Co.,Ltd., Shandong New Beiyang Information Technology Co., Ltd., Luxin Venture Capital Group Co., Ltd., Shandong Luxin Kangda Investment Management Co., Ltd., Shandong Luxin Qisheng Investment Management Co., Ltd.
August 31, 2017
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On August 1, 2017, Shandong Hualing Electronics Co., Ltd. closed the transaction. The total share capital of the company increased from 90,000,000 shares to 95,600,000 shares.
Luxin Venture Capital Group Co Ltd is a Chinese company mainly engaged in venture capital business and Grinder Industrial Operations. The Company operates through two segments. The Investment Segment is principally engaged in equity investments in new ventures. The Company's key investment areas include information technology, energy conservation and environmental protection, new energy, new materials, biomedicine, high-end equipment manufacturing and other industries. The Grinder Segment is mainly engaged in the production and sales of grinding and abrasive cloth. Its downstream customers are mainly military industry, automobile parts processing, aerospace, and precision processing enterprises.
Shandong Hualing Electronics Co., Ltd. announced that it has received CNY 38.64 million in funding from Weihai BeiYang Electric Group Co.,Ltd., Shandong New Beiyang Information Technology Co., Ltd., Luxin Venture Capital Group Co., Ltd., Shandong Luxin Kangda Investment Management Co., Ltd., Shandong Luxin Qisheng Investment Management Co., Ltd.
LUXIN VENTURE CAPITAL GROUP CO., LTD. 
