Sichuan Lutianhua Zhonglanxin Materials Co., Ltd. announced that it will receive CNY 240,000,000 in a round of funding on May 14, 2020. The transaction will include participation from existing investor Sichuan Lutianhua Company Limited (SZSE:000912). The company's registered capital will increase from CNY 728,300,000 to CNY 968,300,000, and investor subscribed registered capital in the company will increase from CNY 90,000,000 to CNY 330,000,000. The transaction has been approved 8th extraordinary meeting of investor’s 7th directorate held on May 14, 2020, and is subject to its shareholders’ approval.