Jixi Zecheng New Energy Co., Ltd. announced that it will receive CNY 199 million in equity round of funding on September 18, 2021. The transaction will include participation from existing investor, Ningxia Jiaze Renewables Corporation Limited to maintain its 100% stake in the company. The transaction has been approved in the twenty-sixth meeting of the second board of directors and the second board of supervisors of the investor.

The transaction is subject to approval by the general meeting of shareholders.