Shandong Dawn Special Elastomer Material Co., Ltd. announced that it has received CNY 15 million in funding from Shandong Dawn Polymer Co.,Ltd.
July 29, 2019
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Shandong Dawn Special Elastomer Material Co., Ltd announced a private placement of common shares for gross proceeds of CNY 15 million on July 30, 2019. The transaction included participation from Shandong Dawn Polymer Co.,Ltd. (SZSE:002838). The transaction does not require shareholder approval.
Shandong Dawn Polymer Co., Ltd. is a China-based company mainly engaged in the research and development, manufacture and sales of polymer composites. The Company operates through two business segments: Modified Plastics and Thermoplastic Elastomers Production and Operation segment and the Color Concentrate Production and Operation segment. The Companyâs products consist of modified plastics, including reinforcing and toughening modified plastics, flame-retardant modified plastics, high gloss modified plastics and others, as well as dynamic fully vulcanized thermoplastic elastomers and masterbatch products, including special masterbatch and multifunctional masterbatches. The products are applied to automobiles, home appliances, electronics, office equipment, aerospace, health and other areas. The Company distributes its products within domestic market and to overseas markets.
SHANDONG DAWN POLYMER CO.,LTD. 
