Ningbo Landscape Design Research Institute Co., Ltd. announced that it has received CNY 25 million in funding from Beijing Shenhuaxin Co., Ltd.
December 30, 2013 at 11:00 pm EST
Ningbo Landscape Design Research Institute Co., Ltd. announced that it will receive CNY 25,000,000 in a round of funding from existing investor, Beijing Shenhuaxin Co., Ltd. on August 8, 2013. The company will issue equity securities in the transaction. On the same date, the transaction was approved at the 2013 3rd special stockholders' meeting of the investor.
On December 31, 2013, Ningbo Landscape Design Research Institute Co., Ltd. closed the transaction. The company has completed its change in industry and commerce registration procedures.