Beijing Global Safety Technology Co., Ltd. announced that it expects to receive CNY 173 million in funding from China Electronic Import and Export Corporation
January 18, 2018
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Beijing Global Safety Technology Co., Ltd. (SZSE:300523) announced a private placement of up to CNY 173,000,000 on January 19, 2018. The company will issue shares to up to 5 specific investors. The securities issued are subject to 12 months hold period. The transaction was approved in the 31st session of the company’s 2nd directorate. The transaction is subject to shareholders' approval and China Securities Regulatory Commission approval.
Beijing Global Safety Technology Co Ltd is a company mainly engaged in design, production and sales of emergency platform software and supporting products. The Company's businesses include emergency platform software and supporting products, emergency platform equipment products, technical services, fire safety platforms and supporting products, as well as construction engineering. The emergency platform software and supporting products include the emergency command integrated business system, data exchange and sharing system, as well as meteorological early warning and publishing system. The Company's products and services are used in public safety, urban safety, fire safety, environmental safety and industrial safety. The Company operates its businesses in both domestic and international markets, including Latin America, Africa, Southeast Asia and other countries.
Beijing Global Safety Technology Co., Ltd. announced that it expects to receive CNY 173 million in funding from China Electronic Import and Export Corporation
BEIJING GLOBAL SAFETY TECHNOLOGY CO., LTD. 
