Beosin Co. Ltd. announced that it expects to receive CNY 10 million in funding from Surfilter Network Technology Co., Ltd.
November 07, 2019
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Beosin Co. Ltd. announced that it will receive CNY 10,000,000 in an equity round of funding on November 8, 2019. The transaction will include participation from Surfilter Network Technology Co., Ltd. (SZSE:300311). The company will receive CNY 66,485 towards new registered capital and CNY 9,933,515 for capital reserve. Post closing, the company will obtain 5.39% stake in the company. The transaction has been approved in the 5th session of the 4th directorate of the investor.
Surfilter Network Technology Co., Ltd is a China-based company primarily engaged in the research, development, manufacture and sale of audit products and network monitoring products, as well as the provision of security integration services. The Companyâs products include network security audit products, Internet access information security products, network security management systems, firewalls, access resource management systems, application delivery systems and public opinion products, among others. The Company is also involved in the operation of online games and other game businesses. Its online games include mahjong games and card games. The Company operates businesses in both domestic and overseas markets.