Western Futures Co., Ltd. announced that it expects to receive CNY 300 million in funding from Western Securities Co., Ltd.
Western Futures Co., Ltd. announced that it will receive CNY 300,000,000 in an equity round of funding on December 27, 2021. The transaction will include participation from returning investor, Western Securities Co., Ltd. to maintain its 100% stake in the company. The transaction has been approved at the 26th meeting of the companys 5th directorate and is not subject to its shareholders approval.