Dongguan Shengyi Capital Investment Co., Ltd. announced that it will receive CNY 104,000,000 in an equity round of funding on January 17, 2017. The transaction will include participation from existing investor, Shengyi Technology Co.,Ltd. (SHSE:600183). On closing, the investor will retain its 100% stake in the company. On closing, the registered capital of the company will increase from CNY 100,000,000 to CNY 204,000,000. The transaction was approved at the 17th meeting of the 8th directorate of the investor and is not subject to approval from its shareholders.