"Vishikoku" received tens of millions of yuan in financing from Matsushita Electric

Recently, the prefabricated interior decoration company "Vishikoku" announced that it has completed a new round of financing of tens of millions of yuan, with an exclusive strategic investment by Matsushita Electric (China) Co., Ltd. (hereinafter referred to as "Panasonic").

Cao Yijie, founder and CEO of Victoria Stone Construction, said that this round of financing will be mainly used for iterative product development, team building and future capacity supplementation.

According to Leju Finance and Economics, the subsidiary company of "Vishite" is Beijing Veishite Technology Co., Ltd., which is the main participant in the formulation of domestic industry standards for integrated sanitary ware and prefabricated interiors. It was established on June 8, 2017, with a registered capital of 16.67 million yuan, and the legal representative is Cao Yijie. At present, its major shareholder is Cao Yijie, holding 36.95% of the shares; Matsushita Electric holds 20% of the shares.

Matsushita Electric was established on August 11, 1994 with a registered capital of 1.765 billion US dollars. The legal representative is Benma Tetsuro. Currently, it is 100% owned by Matsushita Electric Industrial Co., Ltd.