Guizhou Gaojiang Liquor Co., Ltd announced that it expects to receive CNY 300 million in funding from Shanghai Guijiu Co.,Ltd, Chengdu Xingjiande Trading Co., Ltd.
April 24, 2023
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Guizhou Gaojiang Liquor Co., Ltd announced that it will raise CNY 300 million in equity round of funding on April 25, 2023. The transaction will include participation from returning investors Shanghai Guijiu Co.,Ltd for the proceeds of CNY 156 million and Chengdu Xingjiande Trading Co for the proceeds of CNY 144 million. Post the completion of the transaction, the registered capital of the company will increase from CNY 300 million to CNY 600 million and the stake of the Shanghai Guijiu Co.,Ltd and Chengdu Xingjiande Trading Co will remain unchanged at 52% and 48% respectively.
Shanghai Guijiu Co., Ltd., formerly Shanghai Yanshi Enterprise Development Co., Ltd. is a China-based company mainly engaged in commodity trading, commercial factoring, financial leasing, real estate operation management and liquor sales. The Company's commercial factoring services provide accounts receivable commercial factoring services. The financial leasing business mainly serves corporate customers in the industrial and medical industries, such as providing medical equipment financing leasing services to hospitals. Real estate operation management business collects rents through operation management of commercial real estate. The Company conducts alcohol sales business through its subsidiary. The Company operates its businesses primarily within the domestic market.
Guizhou Gaojiang Liquor Co., Ltd announced that it expects to receive CNY 300 million in funding from Shanghai Guijiu Co.,Ltd, Chengdu Xingjiande Trading Co., Ltd.