Fushun Xinxing Special Steel Sheet Co., Ltd. announced that it will receive not more than CNY 30 million in an equity round of funding from returning investor, Fushun Special Steel Co., Ltd on November 12, 2015. The investor will invest through cash or other assets including machinery and equipment, houses, buildings, and inventories. The investor will retain 100% stake in the company. The transaction was approved at the 8th session of the investor's 6th directorate. The transaction is subject to shareholders approval of the investor in its 6th special shareholders' meeting for 2015 to be held on December 11, 2015.

For the year ended December 31, 2014, the company reported revenue of CNY 67,170,000 and net loss of CNY 3,680,000.