Jiangsu Almaden Electric Power Investment Co., Ltd. announced that it will receive CNY 80,000,000 in an equity round of funding on April 6, 2016. The transaction will include participation from existing investor, Changzhou Almaden Co., Ltd. (SZSE:002623). Post completion; the company's registered will increase from CNY 20,000,000 to CNY 100,000,000.

The company reported total assets of CNY 91,026,000, total liabilities of CNY 72,463,900, net assets of CNY 18,562,100, revenue of CNY 6,571,400, and net profit of CNY 577,700.