Tianjin BOMESC Offshore Engineering Co., Ltd announced that it will receive CNY 200,000,000 in an equity round of funding on December 14, 2020. The transaction will include participation from returning investor BOMESC Offshore Engineering Company Limited (SHSE:603727) to retain its 100% stake in the company. Post completion of the transaction, the capital of the company will increase from CNY 800,000,000 to CNY 1000,000,000. The transaction has been approved by the board of directors BOMESC Offshore Engineering Company Limited (SHSE:603727) in the 15th meeting of the third directorate of the company and does not need to be submitted to the company's shareholders meeting for deliberation.