Jilin Zhongdiantou New Energy Co., Ltd announced that it will receive CNY 334,040,000 in an equity round of funding from existing investor, Jilin Power Share Co.,Ltd. (SZSE:000875) on March 29, 2017. The investor will continue to hold 100% stake in the company. The transaction has been approved by the board of the investor in 10th session of the 7th directorate meeting. The transaction is not subject to approval of shareholders of the investor. After closing, the registered capital of the company will increase from CNY 786,000,000 to CNY 1,120,040,000.