Nantong Huadong Construction Co., Ltd. announced that it will receive CNY 93.4 million in an equity round of funding from Kinghand Industrial Investment Co., Ltd. (SZSE:000615) on February 5, 2018. The transaction has been approved by the board of directors. The company reported revenue of CNY 48,237,016.89, total assets of CNY 151,244,719.81, net assets of CNY 23,786,241 for the year ended December 31, 2017.