Tuopu Group International Co., Limited announced that it will receive CNY 32,991,132 in a round of equity funding from existing investor existing investor Ningbo Tuopu Group Co., Ltd. (SHSE:601689) on May 18, 2017. Post the closing, the registered capital of the company will increase from HKD 10,000 (CNY 8,842.55) to CNY 33,000,000. The transaction was approved at second directorate of investor’s 32nd meeting and does not need the shareholders’ approval. The conversion was made through www.oanda.com as of May 18, 2017.