Naipu Peru Mineria Maquinaria SAC announced that it expects to receive $30 million in funding from Naipu Mining Machinery Co., Ltd.
October 12, 2023
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Naipu Peru Mineria Maquinaria SAC announced that it will raise CNY 30,000,000 in an equity financing on October 13, 2023. The transaction will include participation from returning investor, Naipu Mining Machinery Co., Ltd. The transaction has been approved at the 8th meeting of the 5th board of directors. The transaction is subject to approval after Jiangxi Provincial Development and Reform Commission and the Jiangxi Provincial Department of Commerce have completed overseas investment registration.
Naipu Mining Machinery Co Ltd, formerly Jiangxi Naipu Mining Machinery and New Materials Co Ltd, is a China-based company mainly engaged in mining machinery business. The Company is mainly engaged in the research, development, manufacturing, sales and service of heavy-duty mine dressing equipment and its new materials and wear-resistant spare parts, providing customers with value-added services such as optimization of heavy-duty dressing equipment, design of processing processes, consultation and optimization. The Company's beneficiation equipment includes slurry pumps, cyclones, and cylindrical screens. Wear-resistant spare parts include slurry pump flow parts, mill rubber composite liners, cylindrical screens and vibrating screen rubber screens, flotation machine impellers, stators, wear-resistant pipes, etc. Its products are mainly used in the beneficiation process of metal mines. The Company distributes its products within domestic market and to overseas markets.