Zhonghuan Energy (Inner Mongolia) Co., Ltd. announced that it will receive CNY 230,220,000 in equity funding from existing investor Tianjin Zhonghuan Semiconductor Co., Ltd. on January 4, 2017. The company’s registered capital will increase from CNY 470,000,000 to CNY 700,220,000. Pursuant to the transaction, investor shall continue to hold 100% stake in the company. The transaction has been approved at 44th session of the 4th directorate of the investor.