Beiqing Thermal Power Co., Ltd. announced that it will receive CNY 150 million in an equity round of funding on May 19, 2021. The transaction includes participation from returning investor, BECE Legend Group Co., Ltd. (SZSE:000803) to retain its 100% stake in the company. The registered capital of the company will increase from CNY 100 million to CNY 250 million post closing of the transaction. The transaction has been approved at the 36th meeting of the 10th board of directors of the investor.