Shanghai SafBon Shenao Environmental Protection Technology Co., Ltd. announced that it expects to receive CNY 20 million in funding from SafBon Water Service Inc.,Shanghai
December 21, 2020
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Shanghai SafBon Shenao Environmental Protection Technology Co., Ltd. announced that it will issue common stock for gross proceeds of CNY 20,000,000 on December 22, 2020. The transaction will include participation from returning investor for 100% stake in the company. Post the transaction, the registered capital of the company will increase from CNY 10 million to CNY 30 million. The transaction was reviewed received approval at the 22nd meeting of the 4th directorate and the 16th meeting of the 4th board of supervisors of investor.
Safbon Water Service (Holding) Inc.,Shanghai is principally engaged in industrial water treatment, municipal water treatment, as well as solid waste treatment, among others. The Company uses its self-developed condensate polishing, microfiltration deposition, sludge drying, natural gas regulator station systems and other technologies to provide customers with one-stop solution services. Its services include technical design, engineering design, technical implementation, system integration, system installation, commissioning, as well as operation service hosting, among others.
Shanghai SafBon Shenao Environmental Protection Technology Co., Ltd. announced that it expects to receive CNY 20 million in funding from SafBon Water Service Inc.,Shanghai