Shanghai Shenda Investment Co., Ltd. announced that it expects to receive CNY 1.45114 billion in funding from Shanghai Shenda Co., Ltd
June 13, 2024
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Shanghai Shenda Investment Co., Ltd. announced that it will raise CNY 1,451,140,000 on June 14, 2024. The transaction included participation from returning investor Shanghai Shenda Co., Ltd. The transaction has been approved in the 23rd meeting of the 11th Board of Directors on June 14, 2024.
Shanghai Shenda Co Ltd is a China-based company mainly engaged in import and export trade, research, development and manufacturing of industrial textiles. The Company primarily conducts its business through three segments. The Trade Services segment is mainly engaged in import and export trade, mainly including textiles, home textiles and other import and export businesses. The Manufacturing Business segment is mainly engaged in the business of automotive interior and acoustic components, mainly including the manufacture of floor system products, acoustic component products, soft decoration products and other interior parts. The Headquarters and Properties segment is mainly engaged in the business of new textile materials, mainly including the development and research of flexible composite material products. Its main products include biogas membrane structures, architectural membrane structures, waterproof membranes, oil-proof barriers, inflatable materials and others.
SHANGHAI SHENDA CO., LTD 
