XinMa Apparel International Limited announced that it will receive HKD 2,000,000,000 in an equity round of funding from existing investor, Youngor Group Co.,Ltd (SHSE:600177) on April 30, 2015. After the completion of the transaction, the registered capital of the company will increase to HKD 2,939,712,102. The transaction has been approved at the investor's 13th session of the 8th directorate meeting.

The investor will continue holding 100% stake in the company. The transaction does not need shareholders' approval of the investor. The company reported total assets of CNY 1,592,117,200 (HKD 2,027,890,000), net assets of CNY 1,075,840,800 (HKD 1,370,310,000), and net profit of CNY 20,181,100 (HKD 25,704,800) for the year ending December 31, 2014.

The conversion was made through www.oanda.com on April 30, 2015.