Shandong Origin Water Environmental Protection Technology Co., Ltd. announced that it will receive CNY 9 million in an equity round of funding on November 5, 2014. The transaction will include participation from existing investor, Beijing Origin Water Technology Co., Ltd. will invest CNY 7.80 million and Binzhou Haifu Water Industry Co., Ltd. will invest CNY 1.20 million. After the completion of the capital increase, Beijing Origin Water Technology Co., Ltd. and Binzhou Haifu Water Industry Co., Ltd. will hold 80% and 20% stake respectively.

The company is currently the subsidiary of Beijing Origin Water Technology Co., Ltd. After the transaction, the registered capital of the company will increase from CNY 3 million to CNY 12 million. The transaction has been approved at shareholders' meeting of the company.