Jiangsu Smith New Materials Technology Co., Ltd. announced that it has received CNY 20 million in funding from Shanghai Smith Adhesive New Material Co., Ltd
January 12, 2018
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Jiangsu Smith New Materials Technology Co., Ltd announced a private placement of CNY 20,000,000 on January 13, 2018. The transaction involved participation from existing investor, Shanghai Smith Adhesive New Material Co., Ltd (SHSE:603683). The company will issue common stock in the transaction. The transaction has been approved in the 2nd extraordinary meeting and 4th meeting of 2017 of the 2nd directorate of the investor.
Shanghai Smith Adhesive New Material Co Ltd is a China-based company mainly engaged in the research, development, production and sales of various industrial adhesive materials, electronic adhesive materials, functional film materials and special paper. Its products are mainly used in painting masking, bonding, fixing, protection, conduction and insulation in architectural decoration, automobile manufacturing and car beauty, electronic and electrical product manufacturing, furniture manufacturing, stationery, packaging, aviation high-speed rail and other fields. The Company distributes its products in the domestic market and overseas markets.
Jiangsu Smith New Materials Technology Co., Ltd. announced that it has received CNY 20 million in funding from Shanghai Smith Adhesive New Material Co., Ltd
SHANGHAI SMITH ADHESIVE NEW MATERIAL CO.,LTD 
