Chinese Supply Chain Management Firm YH Global Raises $182M Series A Round

YH Global, a Chinese supply chain management and logistics company, has raised RMB1.2 billion (US$182 million) in a series A round led by Chinese private equity firms Yonghua Capital and Co-Energy Finance. The round, participated in by Stone Capital, Tangrong Capital and Shenzhen Grandland Group Co., Ltd., values the company at US$1 billion, according to local media reports. China Money Network could not contact YH Global to confirm the facts prior to publication.