Xiuqiang Glass International Co., Ltd. announced that it expects to receive $6 million in funding from Jiangsu Xiuqiang Glasswork Co., Ltd.
April 22, 2021
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Xiuqiang Glass International Co., Ltd. (Mexico) announced that it will receive $6,000,000 in a round of funding from returning investor Jiangsu Xiuqiang Glasswork Co., Ltd. (SZSE:300160) on April 23, 2021. Nineteenth meeting of the fourth board of directors and the eighteenth meeting of the fourth board of supervisors of the investor approved the transaction.
Jiangsu Xiuqiang Glasswork Co., Ltd. is a China-based company principally engaged in the deep processing of glass and operation, management of kindergartens. The Company operates through two main segments. The Deep Processing of Glass segment is mainly involved in the research, development, manufacture and sales of deep processing glass products which include appliance glass, household glass, photovoltaic glass and cover plate glass of display screens. The Operation and Management of Kindergartens segment is mainly involved in the acquisition of kindergartens and provision of integrated solution plans for kindergartens.