Shenyang Siasun Investment Management Co., Ltd. announced that it has entered into a capital increase agreement to receive CNY 600 million in funding on January 15, 2017. The transaction will include participation from existing investor, SIASUN Robot & Automation Co., Ltd. (SZSE:300024) for CNY 180 million, which currently holds 100% stake in the company and will hold 40% stake upon closing and new investor, Liaoning Neusoft Venture Capital Ltd. for CNY 420 million, which will acquire 60% stake in the company. The transaction has been approved at the 6th session of its 6th directorate meeting of SIASUN Robot & Automation Co., Ltd. (SZSE:300024). The registered capital of the company will increase from CNY 100 million to CNY 700 million upon closing.