Tianjin BOMESC Offshore Engineering Co., Ltd announced that it will receive CNY 750,299,712.43 in an equity round of funding on July 29, 2021. The transaction will include participation from returning investor BOMESC Offshore Engineering Company Limited to retain its 100% stake in the company. The registered capital will be increased by CNY 200,000,000 and the remaining part will be included in the capital reserve.

Post completion of the transaction, the registered capital of the company will increase from CNY 1,000,000,000 to CNY 1,200,000,000. The transaction has been approved by the board of directors of BOMESC Offshore Engineering Company Limited in its nineteenth meeting of the third board of directors and the fourteenth meeting of the third board of supervisors.