Tangshan Sunfar Nano Material Co., Ltd. announced that it expects to receive CNY 76.475 million in funding from Tangshan Sunfar Silicon Industries Co.,Ltd.
Tangshan Sunfar Nano Material Co., Ltd. announced that it will receive a private placement of CNY 76,475,000 on September 13, 2021. The transaction will include participation from returning investor Tangshan Sunfar Silicon Industries Co., Ltd. to retain its 100% stake. On closing, the registered capital of the company will increase from CNY 200,525,000 to CNY 277,000,000. The transaction has been approved at the 11th session of the company’s 4th directorate.