Jinneng Science & Technology Co., Ltd. announced that it has received CNY 999.999995 million in funding
October 29, 2020
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On October 30, 2020, Jinneng Science & Technology Co., Ltd. (SHSE:603113) closed the transaction. The company paid CNY 6,471,378.71 for issuance costs and received net proceeds of CNY 993,528,616.13.
Jinneng Science & Technology Co Ltd is a China-based company mainly engaged in the production and sales of chemical products. The Company's main businesses include fine chemicals, coal chemicals, and petrochemicals. The Company mainly integrates coking and chemical production, coal tar deep processing and carbon black production, p-cresol production, sour alkali and white carbon black production, sorbic acid and potassium sorbate production, methanol co-production of synthetic ammonia, gas turbine combined cycle thermal power co-production and other businesses are integrated. The Company's main products include coke, carbon black, white carbon black, sorbic acid and potassium sorbate, p-methyl phenol, methanol, pure benzene, etc., mainly used in steel, automobiles, plastics, chemical fiber, food, medicine and other industries. The Company distributes its products within the domestic market and to overseas market.
JINNENG SCIENCE&TECHNOLOGY CO.,LTD 
