Huizhou Daya Bay Huaying Petrochemical Co., Ltd. announced that it will receive CNY 4,000,000,000 in an equity round of funding from existing investor Wintime Energy Co.,Ltd. (SHSE:600157) on August 2, 2016. The registered capital of the company will increase from CNY 3,000,000,000 to CNY 7,000,000,000. The investor will retain 100% stake in the company post completion of the transaction. The transaction has been approved at the 48th session of the 9th directorate meeting of investor. The transaction is subject to approval of shareholders of investor at its 9th special shareholder's meeting of 2016.