Shandong Meichen Ecology & Environment Co.,Ltd. announced that it expects to receive funding from Ningbo Guofeng Rubber Co., Ltd.
November 20, 2022
Share
Shandong Meichen Ecology & Environment Co.,Ltd announced that it has entered into share subscription agreement for the private placement of not more than 432,574,479 A shares on November 21, 2022. The transaction will include participation from Ningbo Guofeng Rubber Co., Ltd. On the same day, the private placement of A shares has been approved by the 16th Meeting of the 5th Directorate and the 16th Meeting of the 5th Supervisory Board.
Shandong Meichen Ecology & Environment Co., Ltd., formerly Shandong Meichen Science & Technology Co., Ltd., is principally engaged in the research, development, production and sale of rubber products applied as automobile components. The Companyâs products consist of rubber distance rods, air springs, chair air springs, chassis air springs, power assembly suspensions, radiator and exhaust pipe suspensions, rubber supports, beams, fender supports, cab supports, air suspensions, rubber suspensions, turbo charger air pipes, intercooler in and out pipes, filter air pipes, engine cooling water pipes, braking soft tubes, engineering machinery tubes, as well as engineering plastic products, among others. The Company distributes its product within domestic market and to overseas markets.
SHANDONG MEICHEN ECOLOGY & ENVIRONMENT CO.,LTD. 
