Shenzhen Emperor Smart Technology Co., Ltd. announced that it expects to receive CNY 100 million in funding from Shenzhen Emperor Technology Co., Ltd.
December 26, 2019
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Shenzhen Emperor Smart Technology Co., Ltd. announced that it will receive CNY 100,000,000 in an equity round of funding from returning investor Shenzhen Emperor Technology Co., Ltd. (SZSE:300546) on December 27, 2019. Post the transaction, the registered capital of the company will increase from CNY 10,000,000 to CNY 110,000,000. The transaction was approved by the board of directors of the investor in its 4th directorate's 10th meeting and its 4th supervisory board’s 9th meeting.
Shenzhen Emperor Technology Co Ltd is a company mainly engaged in providing identification and intelligent management solutions. The Company's businesses include identification and intelligent applications, as well as smart transportation. The identification and intelligent application business is involved in providing customers with products and services to collect, produce, issue, verify, identify and authenticate identity information, including system software, intelligent equipment and terminal hardware. The smart transportation business focused on providing overall solutions for online and offline micro-electronic payments which are used in public transportation. Its products include urban card terminals and integrated circuit card readers.