Danzhou Shengyun Environmental Protection Electric Power Co., Ltd. announced that it will receive CNY 88,450,000 in an equity round of funding from Anhui Shengyun Machinery Co., Ltd. on January 14, 2016. Post transaction, the registered capital of the company will be CNY 89,450,000.

On February 2, 2016, the transaction was approved at the 3rd extraordinary shareholder's meeting in 2016 of Anhui Shengyun Machinery Co., Ltd.