Tangshan Dunshi Construction Engineering Co., Ltd. announced that it will receive CNY 60 million in an equity round of funding on September 15, 2023. The transaction will include participation from returning investor TangshanJidong Equipment and Engineering Co.,Ltd. to retain 100% stake in the company. The transaction has been approved by the TangshanJidong Equipment and Engineering Co.,Ltd.'s 7th directorate during its 21st meeting.

After the completion, the registered capital of the company will increase from CNY 90 million to CNY 150 million. The transaction does not require approval by shareholders? meeting.