Beijing NARI Yihe Environmental Protection Technology Co., Ltd. announced that it will receive CNY 20,000,000 in an equity round of funding on May 24, 2018. The transaction will include participation from existing investors, NARI Technology Co., Ltd. (SHSE:600406) and Beijing Huayang Yihe Technology Co., Ltd. for CNY 10,200,000 and CNY 9,800,000 respectively. On closing, the capital of the company will increase from CNY 10,000,000 to CNY 30,000,000. The investors will continue to hold 51% and 49% stakes in the company. The transaction was approved at the 23rd session of the 6th directorate meeting of NARI Technology Co., Ltd. (SHSE:600406). The company reported total assets of CNY 10,076,900, net assets of CNY 10,030,500, operating revenues of CNY 525,500, and net profit of CNY 30,500 for the year ended December 31, 2017.