Malongyun Energy Investment New Energy Development Co., Ltd. announced that it will CNY 450 million in a round of funding on August 19, 2021. The transaction will include participation from returning investor Yunnan Energy Investment Co., Ltd. As a result, company's registered capital will increase from CNY 191.3796 million to CNY 641.3796 million. The transaction has been approved at the second regular meeting of the investors board of directors in 2021.