Shangrao Yuhao Photovoltaic Technology Co., Ltd. announced that it will receive CNY 48,000,000 in an equity round of funding on January 22, 2021. The transaction will involve participation from returning investor Jiangxi Ganneng Co., Ltd. (SZSE:000899). The investor will continue to hold 100% stake in the company. Post completion of the capital increase, the registered capital of the company will increase from CNY 2,000,000 to CNY 50,000,000. The transaction has been approved by the investor at its first interim board of directors meeting of 2021.