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Central state-owned enterprises ramp up strategic investments as Junyi secures its Series B funding round smoothly.


Categories: Company News

Time of issue:2017-03-13 01:15

China General Technology Group will become Junyi's second-largest shareholder.
On January 9, 2017, Shanghai Junyi signed a Series B investment agreement with China General Technology Group. This marks the group's second round of investment following their initial funding in May 2016. Once this round of investment is completed, China General Technology Group will become Junyi's second-largest shareholder.
China General Technology Group was established in March 1998 as a key state-owned enterprise directly managed by the central government. It serves as China's leading provider of advanced technology equipment imports, as well as an importer and exporter of light industrial products and pharmaceutical/healthcare products, and also acts as a distributor and service provider for mobile communication terminal devices.
Shanghai Junyi primarily focuses on turnkey engineering projects integrating automated systems, deeply rooted in the automotive equipment, new-energy battery equipment, heavy industrial machinery, and laser application sectors. The company has already achieved a diversified layout in the industrial robotics field and has become a pioneer in the automation integration industry.
Upholding meticulous craftsmanship and steadfastly focusing on value creation, we are committed to contributing to the nation through industry. We continuously forge strategic partnerships with leading players in related sectors, building brands that boast unparalleled competitive advantages. We believe Junyi is poised for a future full of promise!