Nuode Investment Co., Ltd. announced that it has received CNY 30,000,000 in an equity round of funding on August 28, 2019. The transaction will include participation from returning investor Nuode Investment Co.,Ltd (SHSE:600110), to retain 100% stake in the company. The transaction has been approved in the 15th meeting of the 9th directorate meeting of the investor and doesn't require approval from its shareholders. Post the transaction the registered capital of the company will increase from CNY 20,000,000 to CNY 50,000,000.