Anhui Kaiya Auto Parts Co., Ltd. announced that it will receive CNY 10,000,000 in a round of equity funding on March 8, 2017. The round will include participation from existing investors Anhui Ankai Automobile Co., Ltd (SZSE:000868) and Artie Industrial Co.,Ltd China for CNY 5,289,000 and CNY 4,711,000 respectively. Post the closing, the investors will hold 51% and 49% respectively from 35% and 65% respectively. Post the closing, the registered capital of the company will increase from CNY 5,000,000 to CNY 15,000,000. The transaction was approved at Anhui Ankai Automobile Co., Ltd's fourth meeting of the seventh directorate. The company reported total assets of CNY 21,024,318.94, total liabilities of CNY 10,265,996.83, net assets of CNY 10,758,322.11, and net profit of CNY 763,896.25 for the year ended December 31, 2016.