Huayun Financial Leasing has taken part in a $145m funding round for Zhongneng United, while Five Star supplied $21.8m in series B-plus capital.

China-based engineering equipment rental company Zhongneng United yesterday collected a total of nearly RMB1.2bn ($167m) in funding from investors including packaging manufacturer and plastic processing group Five Star. Five Star provided $21.8m of series B-plus funding for the company while $145m came in a strategic investment by financial leasing services provider Huayun Financial Leasing and…

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