Dalian Suntak Circuit Co., Ltd. announced that it expects to receive CNY 150 million in funding from Suntak Technology Co.,Ltd.
September 22, 2021
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Dalian Suntak Circuit Co., Ltd. announced that it will receive CNY 150,000,000 in an equity round of funding from returning investor Suntak Technology Co.,Ltd. on September 23, 2021. Post closing, the registered capital of the company will increase from CNY 400,000,000 to CNY 550,000,000, and the investor will continue to hold 100% stake in the company. The transaction is not subject to approvals of the investor and shareholders.
Suntak Technology Co., Ltd., formerly Shenzhen Suntak Circuit Technology Co., Ltd., is a China-based company principally engaged in the research, development, production and sales of printed circuit boards (PCBs). The Companyâs main products include double-sided plates, high multi-laminates, high density interconnector (HDI) boards, thick copper plates, back plates, soft and hard boards, embedded panels, three-dimensional plates, aluminum substrates and high frequency boards. The Company's products are mainly used in communications equipment, industrial control, medical device, security electronics and aerospace fields. The Company distributes its products in domestic market and to overseas markets.