Shenzhen Yingtangxin Technology Industry Development Co., Ltd. announced that it expects to receive CNY 90 million in funding from Jingying Zhilian Investment Development Co., Ltd., Shenzhen Yitoa Intelligent Control Co.,Ltd.
May 09, 2022
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Shenzhen Yingtangxin Technology Industry Development Co., Ltd. announced that it will receive CNY 90 million in a round of funding on May 10, 2022. The transaction will include participation from returning investor Shenzhen Yitoa Intelligent Control Co.,Ltd. fot CNY 31.5 million with 35% stake and Jingying Zhilian (Shenzhen) Investment Development Co., Ltd. for CNY 58.5 million with 65% stake The company issued common shares in the transaction.
On September 16, 2022, Shenzhen Yitoa Intelligent Control Co.,Ltd. announced that it has been approved by the 22nd meeting of the 5th board of directors.
Shenzhen Yitoa Intelligent Control Co.,LTD is a China-based company principally engaged in the research, development, production and distribution of electronic components and intelligent control products. The Companyâs products are categorized into electronic components, living appliances intelligent control products, temperature detection intelligent control products and products of the Internet of things, which include relays, connectors, transistors, modules, integrated circuits, resistors, batteries, magnetic beads, diodes, crystal oscillators, hair pliers electronic intelligent controllers, coffee pot electronic intelligent controllers, hair dryer electronic intelligent controllers and wall furnace intelligent controllers, among others. The Company distributes its products in domestic market and to overseas markets.
Shenzhen Yingtangxin Technology Industry Development Co., Ltd. announced that it expects to receive CNY 90 million in funding from Jingying Zhilian Investment Development Co., Ltd., Shenzhen Yitoa Intelligent Control Co.,Ltd.