Ningxia Shunbo New Energy Co., Ltd. announced that it expects to receive CNY 70 million in funding from Ningxia Jiaze Renewables Corporation Limited
Ningxia Shunbo New Energy Co., Ltd. announced a private placement to issue common shares for gross proceeds of CNY 70,000,000 on August 4, 2021. The transaction will include participation from returning investor, Ningxia Jiaze Renewables Corporation Limited. The transaction has been approved at the Second Extraordinary General Meeting of Shareholders in 2021.