Furui Zhixing Technology Co., Ltd. announced that it has received CNY 210 million in funding from Shanghai Fosun High Technology Co.,Ltd., Nanjing Iron & Steel Co., Ltd., Nanjing Nangang Industry Development Co., Ltd.
January 10, 2022
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On January 11, 2022, Furui Zhixing Technology (Shanghai) Co., Ltd. closed the transaction. The company received CNY 110 million in its second tranche bringing the total gross proceeds raised in the transaction to CNY 210 million.
NanJing Iron & Steel Co Ltd is a China-based company mainly engaged in smelting and processing of ferrous metal products and sale of steel, steel billets and other metal materials. The Company's main products include steel plates, steel bars, steel wires, strip steel products, profile steel products, defective steel products, scraps and steel billets, among others, which are used in various industries, such as petroleum and petrochemical, engineering machinery, ship building, rail transportation, high-rise buildings, automobiles, bridges, marine engineering, wind power, nuclear power and hydropower. The Company distributes its products mainly in East China and overseas market.
Furui Zhixing Technology Co., Ltd. announced that it has received CNY 210 million in funding from Shanghai Fosun High Technology Co.,Ltd., Nanjing Iron & Steel Co., Ltd., Nanjing Nangang Industry Development Co., Ltd.
NANJING IRON & STEEL CO., LTD. 
