Zhangjiakou Zhonghuan Energy Co., Ltd. announced that it will receive CNY 17,362,300 in an equity round of funding from existing investor, Tianjin Zhonghuan Semiconductor Co., Ltd. on July 31, 2017. The investor will retain its stake at 100% in the company after the closing of the transaction. The transaction was approved at the 52nd session of the 4th directorate meeting of the investor. The registered capital of the company will increase from CNY 63,328,800 to CNY 80,691,100 pursuant to the transaction.