Hangzhou Ruidong Machinery Co., Ltd. announced that it expects to receive CNY 100 million in funding from Hangzhou Zhongya Machinery Co., Ltd.
January 25, 2018
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Hangzhou Ruidong Machinery Co., Ltd. announced that it will receive CNY 100 million from returning investor Hangzhou Zhongya Machinery Co., Ltd. (SZSE:300512) on January 26, 2018. The transaction has been approved in the 26th meeting of the company’s 2nd directorate. Post closing, the company's registered capital will increase from CNY 76 million to CNY 80 million.
HANGZHOU ZHONGYA MACHINERY CO LTD is a China-based company principally engaged in the research and development, manufacture and sales of intelligent packaging equipment. The Companyâs main products include various types of filling and sealing equipment, intelligent after packaging equipment and hollow container blow molding equipment. The Companyâs products are mainly applied in dairy product, healthcare, edible oil, daily chemical, condiment and beverage industries, among others. The Company also provides integrated solutions for customers, such as the design and planning of packaging production line, engineering and installation, life cycle maintenance of equipment and matching supply of plastic packaging products. The Company operates its businesses in domestic and overseas markets.
HANGZHOU ZHONGYA MACHINERY CO., LTD. 
