December 25, 2017- Suning Financial Services, a subsidiary of Suning Commerce Group(002024.SZ), announced today that it had entered into definitive agreements to raise a more than RMB5.3 billion. The round will be led by Suning Holdings, YF Capital, and GP Capital, with participation from CICC, China Everbright Investment, and SCGC, etc. for a total equity stake of 16.5% of the company.
3D Medicines, Chinese leading cancer-targeted theranostic platform company, has raised ¥670 million in a new funding round recently. The round was led by the State-Controlled Venture Capital Fund mainly sponsored by China Reform Holdings Corporation LTD.
Zensun Sci & Tech (871392.OC), a leading innovative drug developer in China, announced an impressive RMB 507 million financing round yesterday, led by SDIC Venture Capital Management Co., Ltd., with a host of new backers including Tianfeng Tianrui Investm
Cygnus Biosciences (Beijing) Co., Ltd., a leading domestic company focusing on developing local High-Throughput DNA sequencing platform, announced its Series B financing of RMB 130 million which was jointly led by Oriental Yirui (Shanghai) Fund and the Zh
Youhug Media, a leading TV-and-web series production company in China, has completed a multi-hundred-million RMB in a Series B capital raise.
September 21, 2017- China’s leading online movie ticketing platforms Maoyan and Weiying announced a strategic merger via formation of a new company called Maoyan-Weiying. Enlight Media, Weiying, Tencent and Meituan-Dianping will be the main shareholders of the newly created entity.