Zhonghuan Energy (Inner Mongolia) Co., Ltd. announced that it will receive CNY 279,050,000 in equity funding on June 8, 2017. The transaction will include participation from existing investor Tianjin Zhonghuan Semiconductor Co., Ltd. to maintain its 100% stake in the company. Post the closing the registered capital of the company will increase from CNY 700,220,000 to CNY 979,270,000. The transaction has been approved in 49th session of the 4th directorate of the investor.