Jingmen Capchem New Materials Co., Ltd. announced that it expects to receive CNY 150 million in funding from EVE Energy Co., Ltd., Shenzhen Capchem Technology Co., Ltd.
October 18, 2022
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Jingmen Capchem New Materials Co., Ltd. announced that it will receive CNY 150 million in an equity round of funding through capital increase from retuning investors Shenzhen Capchem Technology Co., Ltd. for CNY 75 million and EVE Energy Co., Ltd. for CNY 75 million on October 19, 2022. The transaction has been approved at 35th meeting of the fifth board of directors. After the completion of the capital increase, Shenzhen Capchem Technology Co., Ltd. stake will be decreased from 80% to 70% and EVE Energy Co., Ltd. stake will be increased from 20% to 30% and the registered capital of company will be increased from CNY 150 million to CNY 225 million.
The CNY 75 million will be added into registered capital and CNY 75 million will be added into capital reserve.
SHENZHEN CAPCHEM TECHNOLOGY CO., LTD. is a China-based company principally engaged in the research, development, production, distribution and provision of services of new electronic chemicals. The Company's main products include capacitor chemical series, lithium ion battery chemical series, organic fluorine chemicals series and semiconductor chemicals series. The Company's products are mainly used in capacitors, consumer electronics, new energy vehicles, aviation and aerospace, military, fluorine medicine, fluorine pesticide, fluoropolymer, textile, machinery and daily chemicals, among others. The Company distributes its products in domestic and to overseas markets.
Jingmen Capchem New Materials Co., Ltd. announced that it expects to receive CNY 150 million in funding from EVE Energy Co., Ltd., Shenzhen Capchem Technology Co., Ltd.