Aituo Environmental Energy (Zhejiang) Co., Ltd announced that it will issue convertible bonds for CNY 780,000,000 funding on December 26, 2019. The transaction will include participation from new investor Shanying International Holdings Co.,Ltd (SHSE:600567) for 64.36% stake in the company. The transaction has been approved at the 31st session of 7th directorate of the investor.