Tsaihua Technology Completes Seed Round Financing
Views： | release time：2020-05-18
On May 15, 2020, the "Tsaihua Technology & Yingjili Printing and Dyeing Angel Round Financing and Strategic Cooperation Signing Ceremony" was held in Zhejiang Shaoxing Talent Pioneer Park. Li Junpei, founder of Zhejiang Tsaihua Technology Co., Ltd., and Bao Haiying, chairman of Shaoxing Yingjili Printing and Dyeing Co., Ltd., and Wang Wenjun, general manager, signed the agreement.
Tsaihua Technology moved its main body to Keqiao District, Shaoxing City, Zhejiang Province on December 31, 2019, and received 20 million policy support funds from Shaoxing City. Previously, Tsaihua Technology completed the Hong Kong Qibao Group and Tus Seed The fund has 5.4 million seed rounds of financing; the company has more than 3,000 square meters of production plant and 2,000 square meters of research and development base, with more than 40 employees. The company focuses on the macromolecular colorant industry, and its products have been successfully applied in the fields of food packaging, color cosmetics, textile printing and dyeing and have been put into industrial production.
ShaoxingYingjili Printing and Dyeing Co., Ltd. was established in Keqiao District, Shaoxing City on September 11, 2000. It is a printing and dyeing enterprise with a strong sense of innovation. In recent years, the “smart printing and dyeing” industrial Internet platform of the company that applied Internet thinking to invest in research and development has been listed as an industry-level platform in Shaoxing. The company has more than 300 million yuan in fixed assets, covers an area of more than 50,000 square meters, has more than 500 employees, and processes more than 100 million meters of various fabrics annually.
After this financing, Tsaihua Technology will use Yingjili's rich market operation and management experience in the field of printing and dyeing and finishing to improve its strategic layout of ecological services in the field of printing and dyeing.