Shenzhen Baijiada Supply Chain Management Co., Ltd. announced that it will receive CNY 90,000,000 in an equity funding on September 2, 2016. The transaction will include participation from returning investor Nuode Investment Co., Ltd. (SHSE:600110) to retain 100% stake in the company. The company’s registered capital shall increase from CNY 10,000,000 to CNY 100,000,000. The transaction has been approved at 8th directorate in its 26th meeting of the investor and is subject to shareholders’ approval of the investor at its 3rd special shareholders' meeting of 2016 to be held on September 19, 2016.