Oriental Yuhong Civil Construction Materials Co., Ltd. announced that it will receive CNY 300,000,000 in an equity round of funding from existing investor, Beijing Oriental Yuhong Waterproof Technology Co.,Ltd. on May 19, 2016. Upon completion of the transaction; the company’s registered capital will increase from CNY 100,000,000 to CNY 400,000,000. The transaction has been approved in the 38th meeting of the 5th directorate of Beijing Oriental Yuhong Waterproof Technology Co.,Ltd. Upon completion of the transaction; the investor will retain 100% stake in the company. The transaction does not require shareholder's approval of the investor.