Hami Yuancheng Electric Power Investment Co., Ltd. announced that it will receive CNY 13.2 million in an equity round of funding on May 24, 2017. The transaction involves participation from existing investor Jilin Power Share Co.,Ltd. (SZSE:000875) and individual investor Song Wei for CNY 9.24 million and CNY 3.96 million respectively and continue to hold 70% and 30% stake respectively. The registered capital of the company will increase from CNY 20 million to CNY 33.20 million. On the same date, the transaction was approved in the 13th meeting of the 7th directorate of Jilin Power Share Co., Ltd.