Tianjin Bohai Petrochemical Co., Ltd. announced that it has received CNY 680 million in funding from Tianjin Global Magnetic Card Co., Ltd.
January 05, 2021
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On January 6, 2021, Tianjin Bohai Petrochemical Co., Ltd. closed the transaction. The company completed the industrial and commercial change registration procedures and obtained the business license renewed by the Tianjin Port Free Trade Zone Market Supervision Administration.
Tian Jin Bohai Chemical Co Ltd, formerly Tian Jin Global Magnetic Card Co Ltd, is a China-based company principally engaged in the manufacturing and sales of magnetic cards, smart card application systems and related equipment. The Company operates through magnetic card segment, printing segment and equipment segment. The Company's data card products include magnetic stripe cards and smart cards. The printed products include packaging and decorating products, publications and tickets. The smart card applications and related equipment products include city card management system and related equipment, cards and others. The Company is also engaged in modern petrochemical business, and its main products are propylene products. The Company mainly conducts its businesses in the domestic and to overseas markets.