Xuancheng Zhongke Biomass Thermal Power Co., Ltd. announced that it will receive CNY 103,150,000 in an equity round of funding from Anhui Shengyun Machinery Co., Ltd. on January 14, 2016. After the capital increase, company's registered capital will increase from CNY 105,150,000.

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