Guangzhou Devotion Home Technology Co., Ltd. announced that it expects to receive CNY 38.496012 million in funding from Guangzhou Devotion Thermal Technology Co., Ltd.
January 19, 2017
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Guangzhou Devotion Home Technology Co., Ltd. announced that it will receive CNY 38,496,012 in a round of equity funding on January 20, 2017. The transaction will include participation from Guangzhou Devotion Thermal Technology Co., Ltd. (SZSE:300335). The company’s registered capital will increase from CNY 66,803,988 to CNY 105,300,000. The transaction has been approved at the 8th session of the 6th directorate of the investor.
Guangzhou Devotion Thermal Technology Co Ltd is principally engaged in the provision of energy solutions by using biomass fuels, natural gas, clean coal and other new clean energy. The Company mainly provides fuels, including biomass molding fuels (BMFs), bio-oil fuels (BOFs) and biomass gas fuels (BGFs), as well as thermal power. The Company mainly provides services for paper making, steel, construction materials, textile, pharmaceutical chemical, food, beverage and other industries.
Guangzhou Devotion Home Technology Co., Ltd. announced that it expects to receive CNY 38.496012 million in funding from Guangzhou Devotion Thermal Technology Co., Ltd.