Sino Investment High-Tech Limited announced that it will receive CNY 1,275,700 in an equity round of funding from existing investor, Huabao Flavours & Fragrances Co., Ltd. (SZSE:300741) on May 18, 2018. The transaction has approved in the 16th meeting of the 1st directorate of the investor. The company has reported total assets of CNY 100,577,500, total liabilities of CNY 38,759,900, net assets CNY 61,817,600, and net profit CNY 12,300 for the period ended December 31, 2017.