Shandong Luyin Yanxue Chuneng Engineering Technology Co., Ltd. announced that it has received CNY 170 million in funding from Luyin Investment Group Co.,Ltd., Shandong Province Salt Industry Group Company Limited, Shandong Guohui Fund Management Co., Ltd.
November 03, 2022
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On November 4, 2022, Shandong Luyin Yanxue Chuneng Engineering Technology Co., Ltd. closed the transaction.
Luyin Investment Group Co Ltd is a Chinese company mainly engaged in salt and new materials business. The Company operates its business through the Powders and Products Segment, Salt Industry Segment, Textile Industry Segment, Commerce and Trading Segment and New Energy Segment. The Company's salt products include table salt and domestic salt, industrial salt, and bromine. The products are mainly used in edible and food processing, alkali industrial salt, printing and dyeing, and tanning industries. The Company's main new material products are reduction series, water atomized series steel powder and high-performance alloy special powder materials. The products are mainly used in automobiles, motorcycles, home appliances and other industries.
Shandong Luyin Yanxue Chuneng Engineering Technology Co., Ltd. announced that it has received CNY 170 million in funding from Luyin Investment Group Co.,Ltd., Shandong Province Salt Industry Group Company Limited, Shandong Guohui Fund Management Co., Ltd.