# Staropower, Capchem and others invest in Entai Environmental Technology

Staropower (Shenzhen Staropower), Capchem (Shenzhen Capchem Technology) and Xiongtao (Shenzhen Xiongtao) jointly invested a total of 150 million yuan in Entai Environmental Technology (Changzhou), a water treatment membrane company. Staropower invested 50 million yuan, Capchem 40 million yuan, and Xiongtao 30 million yuan.

- Type: Investment
- Announced: 2020-08-14
- Where: Changzhou, Jiangsu, China
- Value: $21.6M (150.0M CNY)
- Status: announced
- Products: high-performance water treatment membranes
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Entai Environmental Technology (Changzhou)](https://endata.com/companies/25310.md) (target)
- [Shenzhen Capchem Technology](https://endata.com/companies/38432.md) (investor)
- [Shenzhen Staropower](https://endata.com/companies/49175.md) (investor)
- [Shenzhen Xiongtao](https://endata.com/companies/49176.md) (investor)

## Sources

- [finance.sina.cn](https://finance.sina.cn/2020-08-17/detail-iivhvpwy1538147.d.html?vt=4), 2020-08-17: "星源材质表示，公司本次增资恩泰环保主要是基于对其未来业务发展的看好。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.