Inner Mongolia Liansheng New Energy Materials Co., Ltd announced that it will receive CNY 526,942,400 in an equity round of funding through capital increase from retuning investor Jiangsu Dingsheng New Material Joint-Stock Co.,Ltd to retain 100% stake in the company on July 20, 2022. The transaction has been approved at 25th meeting of the 5th board of directors and the 17th meeting of the 5th board of supervisors. After the completion of this capital increase, the registered capital of company will be increased to CNY 1,520,942,422.19000.