Yunnan Yuntianhua Trading Co., Ltd. announced that it expects to receive CNY 300 million in funding from Yunnan Yuntianhua Co., Ltd.
October 26, 2020
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Yunnan Yuntianhua Trading Co., Ltd. announced that it would receive CNY 300,000,000 in an equity round of funding from returning investor Yunnan Yuntianhua Co., Ltd. (SHSE:600096) on October 27, 2020. The registered capital of the company will increase from CNY 50,000,000 to CNY 350,000,000. The transaction has been approved in the 23rd meeting of the investor’s 8th directorate.
YUNNANYUNTIANHUACO.,LTD is a China-based company principally engaged in manufacture and distribution of chemical fertilizers and chemical materials and products. The Company operates its businesses through Chemical Fertilizer segment, Phosphate Mining and Dressing segment, Engineering Material segment and Commerce Trading and Logistic segment. Chemical Fertilizer segment produces various chemical fertilizer products, including monoammonium phosphate, diammonium phosphate, urea and composite fertilizer, among others. Phosphate Mining and Dressing segment operates through the mining and dressing of phosphate, as well as the distribution of phosphate products. Engineering Material segment mainly provides polyformaldehyde and lithium battery separators. Commerce Trading and Logistic segment mainly involves in the trading and logistics services of chemical fertilizer, fertilizer raw materials and produce.