LianDi's Anhui Jucheng Subsidiary Receives $22 Million Investment From Leading Chinese Private Equity Funds

LianDi Clean Technology Inc. LNDT, today announced that it had received a $22 million investment in its Anhui Jucheng subsidiary. Shanghai Chengding Investment and Shanghai Aoying Investment with other four Mainland Chinese investment funds, acquired a 23.3% interest in Liandi's Anhui Jucheng subsidiary, giving Anhui Jucheng a pre-money valuation of $95 million.