Yuxi Hangqi Gas Co., Ltd. announced that it will receive CNY 160 million trough capital increase from returning investor Hangzhou Oxygen Plant Group Co.,Ltd. to retain 100% stake on June 27, 2022. After the completion of this capital increase, the registered capital will increase from CNY 130 million to CNY 290 million. The transaction has been approved at 7th board of directors, and does not need to be submitted to the company's general meeting of shareholders for approval.