Shanghai SafBon Shenao Environmental Protection Technology Co., Ltd. announced that it expects to receive CNY 20 million in funding from SafBon Water Service Inc.,Shanghai
December 21, 2020
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Shanghai SafBon Shenao Environmental Protection Technology Co., Ltd. announced that it will issue common stock for gross proceeds of CNY 20,000,000 on December 22, 2020. The transaction will include participation from returning investor for 100% stake in the company. Post the transaction, the registered capital of the company will increase from CNY 10 million to CNY 30 million. The transaction was reviewed received approval at the 22nd meeting of the 4th directorate and the 16th meeting of the 4th board of supervisors of investor.
Safbon Water Service Holding Inc Shanghai is a China-based company mainly engaged in intelligent, all-round technical solution operation services in the field of environmental protection and energy. The Company's main businesses cover industrial water treatment, municipal water treatment, solid waste treatment, natural gas pressure regulating stations and distributed energy, including product promotion and sales, sludge treatment, recycled water utilization, seawater desalination, desalinated water and zero emission, construction, and others. The Company can provide technology research and development, system design, and system integration in the field of environmental protection and energy, civil construction, equipment installation and commissioning, engineering procurement construction (EPC) turnkey project development, operation, and others. The Company mainly operates its businesses in the domestic market.
Shanghai SafBon Shenao Environmental Protection Technology Co., Ltd. announced that it expects to receive CNY 20 million in funding from SafBon Water Service Inc.,Shanghai