Shanghai UAE Architectural Planning and Design Co., Ltd announced that it will receive CNY 17,000,000 in an equity round of funding on December 3, 2018. The transaction will include participation from new investor Guizhou Transportation Planning Survey&Design Academe Co.,Ltd. (SHSE:603458). As part of the round, CNY 720,000 will go into registered capital and CNY 16,280,000 will go into capital reserve. The transaction has been approved at the 9th session of the 3rd directorate meeting of the investor. Pursuant to the transaction and a concurrent merger transaction, the investor will own 75% stake in the company. The company reported total assets of CNY 30,601,600, net assets of CNY 9,522,800, operating revenue of CNY 53,795,600, and net profit of CNY 3,546,400 for the year ending December 31, 2017.