Xizang Securities Co., Ltd. announced that it will receive CNY 600,000,000 in an equity round of funding from existing investor Eastmoney Information Co.,Ltd. (SZSE:300059) on June 29, 2017. The investor will invest CNY 459,400,000 out of its own funds and CNY 140,600,000 from its raised proceeds interest. Post the closing of the transaction; the registered capital of the company will be increased from CNY 4,600,000,000 to CNY 5,200,000,000. On closing, the investor will increase its stake in the company from 99.87% to 99.88%. The transaction has been approved at the 5th session of the 4th directorate of Eastmoney Information Co.,Ltd. (SZSE:300059). The company reported total assets of CNY 17,772,975,700, total liabilities of CNY 11,884,243,400, net assets of CNY 5,888,732,400, revenues of CNY 1,108,210,400, and net profit of CNY 373,986,000 for the year ended December 31, 2016.