Anhui Changji Supply Chain Management Co., Ltd. announced that it expects to receive CNY 10 million in funding from Shanghai Ace Investment & Development Co., Ltd., Shanghai Changji Supply Chain Management Co., Ltd.
January 24, 2021
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Anhui Changji Supply Chain Management Co., Ltd. announced that it will raise a CNY 10 million in a equity round of funding on January 25, 2021. The transaction included participation from returning investors Shanghai Ace Investment & Development Co., Ltd. (SHSE:603329) for CNY 6 million and Shanghai Changji Supply Chain Management Co., Ltd for CNY 4 million in existing share holding ratio 6:4. After completion of the transaction the company capital will increase it registered capital from CNY 40 million to CNY 50 million. The transaction was approved by the board of directors of the company in eighteenth meeting of the second session of the board of directors .
SHANGHAI ACE INVESTMENT & DEVELOPMENT CO., LTD. is a China-based company which is mainly engaged in supply chain logistics and supply chain implementation of the trading business. The Company provides all aspects of supply chain logistics services, including port agents, customs clearance, bonded warehousing, loading and unloading, container operations, rail transport, road transport, water transport, warehousing and logistics management and other services. The Company provides service to phosphorous chemical industry, non-ferrous metals, coal industry and other industries. The Company also provides logistics-related customized services to large industrial customers.
Anhui Changji Supply Chain Management Co., Ltd. announced that it expects to receive CNY 10 million in funding from Shanghai Ace Investment & Development Co., Ltd., Shanghai Changji Supply Chain Management Co., Ltd.