Shanghai Haojing Investment Co., Ltd. announced that it will receive CNY 200 million in an equity round of funding from existing investor, Jiangsu Sunrain Solar Energy Co., Ltd. on December 21, 2015. The investor will retain 100% stake of the company on closing of the transaction. The transaction has been approved at 15th session of its 2nd directorate meeting of the investor.

Upon completion, the registered capital of the company will increase from CNY 200 million to CNY 400 million.