Zhuhai Meijin Jiachuang Capital Investment Co., Ltd. announced that it will receive CNY 195,000,000 in an equity round of funding from existing investor, Shanxi Meijin Energy Co.,Ltd. (SZSE:000723) on July 1, 2016. Post the closing, the company retain its 100% stake in the company. The registered capital of the company will increase from CNY 5,000,000 to CNY 200,000,000. The transaction was approved in the 17th session of the 7th directorate of the investor and does not need the approval of its shareholders.