Spring Airlines Japan Co., Ltd announced that it will receive not more than CNY 750,000,000 (JPY 11,319,180,000) in an equity round of funding from returning investors Spring Airlines Co., Ltd. (SHSE:601021) on April 28, 2020. The transaction has been approved by the board of directors at the 21st meeting of the 3rd directorate of Spring Airlines Co., Ltd. (SHSE:601021) and does not need its shareholders approval.