Yanjin Chant Biomass Energy Co., Ltd. announced that it will receive CNY 86 million in equity round of funding on January 5, 2024. The transaction include the participation from returning investor Guangdong Chant Group Inc, hold 100% stake in the company. The company's registered capital is increased from CNY 29 million to CNY 115 million.

The transaction has been approved by the board of directors and shareholders? meeting were not required.