Guizhou Fulin Mining Co., Ltd. announced that it will receive CNY 517,975,000 in an equity round of funding on July 6, 2021. The transaction will include participation from returning investors Guizhou Chanhen Chemical Corporation for CNY 466,177,500 and Guizhou Furun Industrial Co., Ltd. for CNY 51,797,500. The registered capital of the company will increase from CNY 80,000,000 to CNY 597,975,000. The transaction has been approved at the 12th session of the company’s 4th directorate and the 11th session of the company’s 4th supervisory board. The company will add CNY 43,003,303 as registered capital, and the remaining as capital reserve. The company signed a capital increase agreement with the investors. Post the closing, Guizhou Chanhen Chemical Corporation will retain 90% stake and Guizhou Furun Industrial Co., Ltd. will retain 10% stake.