Maanshan COSMOS Chemical Co., Ltd. announced that it will receive CNY 180,000,000 in an equity round of funding on August 3, 2020. The transaction will include participation from returning investor Nanjing COSMOS Chemical Co., Ltd to retain its 100% stake in the company. The transaction has been approved in the seventh meeting of the second board of directors and the fifth meeting of the second board of supervisors of the investor.