Naigaikizai Trading Shanghai Co., Ltd. announced that it will receive ¥100,000,000 in an equity round of funding from existing investor Naigai TEC Corporation on July 12, 2019. The investor will continue to hold 100% stake in the company upon closing. The registered capital of the company will increase from ¥120,000,000 to ¥220,000,000 upon completion of the transaction. The securities will be issued through third party allocation. The transaction was approved by the board of directors of the investor. The transaction is expected to settle in September 2019.