Guangzheng Construction Group Co., Ltd. announced that it will receive CNY 240 million in an equity round of funding on August 23, 2021. The transaction will include participation from Guangzheng Eye Hospital Group Co., Ltd. to retain 100% stake in the company. The transaction has been approved by 47th meeting of the 4th board of directors of the investor.

Post-closing of the transaction, registered capital of the company will increase from CNY 250 million to CNY 490 million. The transaction still needs to be approved in general meeting of shareholders of investor for deliberation.