Chinese mining firm Erenhot Heng Xin Trade has acquired 30% stake in financial technology firm Telegraf money for $7 million.
Telegraf Money allows members to communicate with each other, and instantly send funds and receive loans online. Erenhot Heng Xin is headed by Zhang Jinrun as general director.
To see a list of investors from China similar to Erenhot Heng Xin, check the Chinese Investors Directory.
More details follows: