Suzhou Pingjiang New City Construction and Development Co., Ltd. announced that it expects to receive CNY 260 million in funding from Soyea Technology Co., Ltd., Hangzhou East Software Park Co.,Ltd., Hangzhou Zhongxing Real Estate Development Co., Ltd.
October 19, 2020
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Suzhou Pingjiang New City Construction and Development Co., Ltd. announced that it has signed the capital agreement in which it would receive CNY 260,000,000 in an equity round of funding from returning investors Soyea Technology Co., Ltd. (SZSE:000909) to hold 21.46%, Hangzhou Zhongxing Real Estate Development Co., Ltd. to hold 14.3%, Hangzhou East Software Park Co.,Ltd. to hold 1.43% in the company on October 20, 2020. The transaction has been approved in the 38th meeting of the investor’s 7th directorate.
SOYEA TECHNOLOGY CO., LTD is a China-based company principally engaged in merchandise trading business, as well as the development and sales of real estates. The Company is also engaged in the manufacture and sales of electronic equipment, as well as the provision of information system integration services. The Company's products include set-top boxes, digital audio-visual products, security monitoring products and others. The Company distributes its products within domestic market and to overseas markets.
Suzhou Pingjiang New City Construction and Development Co., Ltd. announced that it expects to receive CNY 260 million in funding from Soyea Technology Co., Ltd., Hangzhou East Software Park Co.,Ltd., Hangzhou Zhongxing Real Estate Development Co., Ltd.
SOYEA TECHNOLOGY CO., LTD 
