Baiyin Yinhe Machinery Manufacturing Co., Ltd. announced that it will receive CNY 60 million in an equity round of funding through capital increase from retuning investor Gansu Jingyuan Coal Industry & Electricity Power Co., Ltd to retain 100% stake in the company on January 20, 2023. The transaction has been approved at the 17th meeting of the 10th board of directors and does not need to submit the general meeting of shareholders for consideration.