Zhongbei Guofa Industry (Shandong) Co., Ltd. has completed a 50 - million - yuan angel round financing.

36Kr learned that recently, Zhongbei Guofa Industry (Shandong) Co., Ltd. completed a 50 - million - yuan angel round of financing, which was jointly invested by multiple domestic institutions. The funds from this financing will be used for strengthening the logistics system, expanding the supply chain, and environmental protection transformation. It is reported that Zhongbei Guofa Industry (Shandong) Co., Ltd. is an enterprise focusing on coal trading, grain trading, scrap steel recycling resource business, as well as cotton and pig businesses.