Jixi Zekai New Energy Co., Ltd announced that it will receive CNY 175,000,000 in equity funding on September 18, 2021. The transaction will include participation from returning investor, Ningxia Jiaze Renewables Corporation Limited which will increase capital and continue to own 100% stake. The transaction has been approved at the 26th meeting of the 2nd board of directors, 25th session of the second board of supervisors and still needs to be reviewed and approved by the general meeting of shareholders of the investor.