CDIB Capital Invests US$30 Million in Anhui Dong Jin Renewable Resource Technology (Asia)

Source: CDIB Capital

CDIB Capital, the international private equity arm of China Development Financial, has invested US$30 million in China-based recycled fiber, filament and fabric manufacturer Anhui Dong Jin Renewable Resource Technology (Dong Jin). The transaction was structured through CDIB Capital Asia Partners Fund. With CDIB Capital’s support, Dong Jin will expand its production capacity and enhance research and development efforts.