Fujian Hui?an Quanhui Power Generation Co., Ltd. announced that it has received CNY 1,106,985,000 in an equity round of funding on September 18, 2023. The transaction included participation from returning investor Fujian Funeng Co., Ltd. for CNY 682,640,750 and new investor Hui'an Xinggang Public Works Management Co., Ltd. for CNY 424,344,250. After the capital increase, the company's registered capital will increase from CNY 540,000,000 to CNY 1,350,000,000; with Fujian Funeng Co., Ltd. and Hui'an Xinggang Public Works Management Co., Ltd. owning 51%, 25% stake respectively.