Jiangxi Zhongzaisheng Resources Development Co., Ltd. announced that it will receive CNY 100,000,000 in equity funding from existing investor Zhongzai Resource and Environment Co., Ltd. (SHSE:600217) on April 24, 2017. The company’s registered capital will increase from CNY 80,000,000 to CNY 180,000,000. Pursuant to the transaction, the investor shall continue to hold 100% stake in the company. The transaction has been approved 36th session of the 6th directorate of the investor and is still subject to its shareholders’ approval.