Anhui Ankai Jinda Machinery Manufacturing Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding from existing investor, Anhui Ankai Automobile Co., Ltd on April 24, 2015. The transaction has been approved by the 15th session of the 6th directorate meeting of the investor. The company reported total assets of CNY 179,104,650.76, total liabilities of CNY 155,157,622.42, and net assets of CNY 23,947,028.34 for the year ending December 31, 2014.

The transaction is not subject to shareholders' approval.