Guizhou Lufa Industry Co., Ltd. announced that it will receive CNY 200,000,000 in funding from returning investor, Anhui Sierte Fertilizer industry LTD. ,company (SZSE:002538) on July 16, 2019. Out of total amount CNY 29,166,700 will go into registered capital and CNY 170,833,300 will go to capital reserve. On closing, the registered capital of the company will increase from CNY 87,500,000 to CNY 116,666,700. On closing, the investor will acquire 40% stake in the company. The transaction was approved at the 23rd meeting of the 4th directorate of the investor. There is no need for approval from the shareholders’ meeting.