Chongqing Liangjiang Changxing Electric Power Co., Ltd. announced that it will receive CNY 130,000,000 in a round of funding on May 10, 2021. The transaction will include participation from returning investor Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd. to retain 100% stake in the company. After the completion of the transaction, the registered capital of the company will increase from CNY 481,000,000 to CNY 611,000,000.

The transaction has been approved in the 26th meeting of investor's 9th directorate and does not need the shareholders' approval.