Chongqing Chemical Terminal Co., Ltd. announced announced that it has received CNY 241,445,400 in an equity round of funding on February 21, 2022. The transaction will include participation from returning investors Chongqing Port Co.,Ltd. for CNY 156,939,510 and China Aviation Oil Group Logistics Co., Ltd for CNY 84,505,890. The registered capital of the company will increase from CNY 236,930,000 to CNY 478,375,400.

The transaction was approved by the board of directors of the Chongqing Port Co.,Ltd. at its fourth meeting of the eighth directorate.