Xiangtan Nanmuchong Manganese Industry Co., Ltd. announced that it expects to receive CNY 15.3 million in funding from Xiangtan Electrochemical Scientific Ltd.
Xiangtan Nanmuchong Manganese Industry Co., Ltd. announced that it will receive CNY 15,300,000 in its equity round of funding from Xiangtan Electrochemical Scientific Ltd. (SZSE:002125) on December 22, 2020. Post-closing, the investor will acquire 51% stake. The transaction has been approved by board of directors of investor in its 31st meeting of the seventh board of directors.