Cooper Rolled Products Inc. announced that it will receive $60 million in an equity round of funding on October 24, 2024. The transaction included the participation from returning investor Ningbo Boway Alloy Material Company Limited, hold 100% stake in the company. The company's registered capital will increase from $10,000 to $60,010,000.

The transaction has been approved at the fourth meeting of the sixth board of directors of the company and Supervisory Board and all supervisors guarantee does not need to be submitted to the company's shareholders' meeting for review and approval.