Ruima-Maruken Construction Protecting Technology Co.,Ltd announced that it has received CNY 80 million in funding from Marubeni-Itochu Steel Inc., Marubeni Construction Material Lease Co.,Ltd.
August 13, 2020
Share
On August 14, 2020, Ruima-Maruken (Anhui) Construction Protecting Technology Co.,Ltd closed the transaction. Post-closing, Li, Qingzhong, Li, Qingsheng, Pan, Jianguo, Ruima (Hong Kong) Investment & Trade Co., Ltd., Marubeni Construction Material Lease Co.,Ltd and Marubeni-Itochu Steel Inc. holds 33.534%, 3.408%, 1.704%, 21.354%, 24% and 16% stake in the company, respectively.
Marubeni Construction Material Lease Co., Ltd. is mainly engaged in the leasing, sale, repair and processing of makeshift structural steel products for construction foundation works, including steel sheet piles, H-section steel, steel retaining materials, road lining plates, iron plates and others. The Company operates in three business segments. The Heavy Temporary Work segment is engaged in the leasing, sale, repair and processing of makeshift structural steel products for construction foundation works. The Heavy Temporary Construction Work segment is engaged in the makeshift steel pilling works for construction foundation works, temporary earth retaining works and underground continuous wall construction works. The Civil Engineering and Sewerage Construction Work segment is involved in the construction works of water and sewerage facilities, building facilities and factory plant works.
Ruima-Maruken Construction Protecting Technology Co.,Ltd announced that it has received CNY 80 million in funding from Marubeni-Itochu Steel Inc., Marubeni Construction Material Lease Co.,Ltd.
MARUBENI CONSTRUCTION MATERIAL LEASE CO.,LTD. 