Zhejiang Tuowei Automobile Parts Co., Ltd announced that it will receive CNY 89,320,000 in an equity round of funding on June 6, 2018. The transaction will include participation from existing investor, Ningbo Tuopu Group Co., Ltd. (SHSE:601689). The registered capital of the company will increase from CNY 90,680,000 to CNY 180,000,000. The transaction was approved at the 8th meeting of the 3rd directorate meeting of investor.