Shenzhen Huaxin Runda Venture Capital Co., Ltd. announced that it expects to receive CNY 20 million in funding from Shenzhen Ecobeauty Co., Ltd.
Shenzhen Huaxin Runda Venture Capital Co., Ltd. announced a private placement of shares for the gross proceeds of CNY 20 million on June 27, 2019. The transaction will include participation from existing investor Shenzhen Ecobeauty Co., Ltd. (SZSE:000010). Post transaction, the investor will retain 100% stake in the company. The transaction was approved in 7th session of the 10th directorate meeting by board of directors of the investor.