Changzhou Gelin Electric Machinery Manufacturing Co., Ltd. announced that it has received CNY 50 million in funding from QuakeSafe Technologies Co., Ltd.
August 10, 2021
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on August 11, 2021, Changzhou Gelin Electric Machinery Manufacturing Co., Ltd. closed the transaction. The company has completed the procedures of industrial and commercial change registration and obtained the Business License. The registered capital of the company Is CNY 85,180,000 . The Investor now owns 66.67% stake in the company.
QuakeSafe Technologies Co., Ltd. formerly Yunnan QuakeSafe Seismic Isolation Technologies Co., Ltd. is a China-based company mainly engaged in research and development, production and sales of building isolation rubber bearings. The Company's main products include isolation bearings, elastic skateboard bearings, energy dampers, road bridge bearings and others. The Company also provides related technical services such as isolation consultation, isolation design, isolation rubber bearing installation guidance, replacement and maintenance. The Company's products are mainly used in schools, hospitals, commercial and residential properties, public buildings and other public housings in the field of affordable housing. The Company mainly conducts its businesses in domestic market.
Changzhou Gelin Electric Machinery Manufacturing Co., Ltd. announced that it has received CNY 50 million in funding from QuakeSafe Technologies Co., Ltd.
QUAKESAFE TECHNOLOGIES CO., LTD. 
