Huatong International (Asia Pacific) Co., Ltd. announced that it will receive $15 million in equity round of funding from existing investor Hebei Huatong Wires and Cables Group Co., Ltd. on June 11, 2021. The registered capital will increase from $10 million to $25 million and investor will continue to own 100% stake in the company. The transaction has been approved in the 30th meeting of the 2nd board of directors of the investor.