Xian Capital Water Company Ltd announced that it will receive CNY 142,170,000 in an equity round of funding on June 24, 2020. The transaction will include participation from existing investor Tianjin Capital Environmental Protection Group Company Limited (SHSE:600874) to retain 100% stake in the company. The transaction has been approved at the 30th session of the 8th directorate of the investor and does not need its shareholders approval. Post to the transaction, the registered capital of the company will increase from CNY 334,000,000 to CNY 476,170,000.