Anhui Wanwei Updated High-Tech Material Industry Company Limited (SHSE:600063) announced that it will receive funding on March 14, 2014. The transaction has been approved at 2nd session of the 6th directorate meeting of the company.

On March 18, 2014, the company announced that it will issue not more than 67,010,309 shares at a price of not less than CNY 1.94 per share for gross proceeds of not more than CNY 130,000,000.

On August 15, 2014, the company announced that the transaction will include participation from not more than 10 investors. The transaction has been approved at 6th session of the 6th directorate meeting of the company.

On September 9, 2014, the company announced that the transaction has been approved at its 1st extraordinary shareholders' meeting of 2014.

On December 18, 2014, the company announced that it has received notice from the China Securities Regulatory Commission that the transaction is subject to approval from the Merger, Acquisition and Reorganization Examination Committee of Listed Companies.

On December 25, 2014, the company announced that the transaction was approved at the 76th working conference of 2014 of the Merger, Acquisition and Reorganization Examination Committee of Listed Companies of the China Securities Regulatory Commission.

On January 30, 2015, the company announced that the transaction has been approved China Securities Regulatory Commission upon verification.