Far East Smart Energy Yichun Co., Ltd. announced that it expects to receive CNY 90 million in funding from Far East Smarter Energy Co.,Ltd, Nanshi Industrial Investments Co., Ltd
Far East Smart Energy Yichun Co., Ltd. announced that it will receive CNY 90,000,000 in an equity round of funding on January 12, 2018. The transaction will include participation from Far East Smarter Energy Co.,Ltd (SHSE:600869) for CNY 40,000,000 and Nanshi Industrial Investments Co., Ltd for CNY 50,000,000. Post the closing of the transaction, the investors will hold 50% stake, each in the company.