Milin County Central Himalaya Tourism Development Co., Ltd. announced that it will receive CNY 339,000,000 in equity funding from existing investor Tibet Tourism Co.,Ltd (SHSE:600749) on January 15, 2017. The investor will invest through cash or assets. Pursuant to the transaction, the investor shall continue to hold 100% stake in the company. The company’s registered capital will increase from CNY 1,000,000 to CNY 10,000,000 and CNY 330,000,000 will be added in the capital reserve. The transaction has been approved at 46th session of the 6th directorate of the investor and it requires its shareholders’ approval from the investor.