Nanjing Jinghong New Energy Co., Ltd. announced that it will receive CNY 195,750,000 in a round of funding from existing investor, Changzhou Almaden Co., Ltd. (SZSE:002623) on June 14, 2018. The company's capital will increase from CNY 100,000 to CNY 196,750,000. The transaction was approved by board of directors of the investor in 25th meeting of the 3rd directorate.