Luoping County Rongxin Precious Metal Co., Ltd. announced that it will receive CNY 100,000,000 in an equity round of funding on January 4, 2021. The transaction will include participation from returning investor Yunnan luoping Zinc&Electricity Co.,Ltd. (SZSE:002114) which will retain its 100% stake in the company. The registered capital of the company will increase from CNY 15,000,000 to CNY 115,000,000. The transaction has been approved by the board of directors in its 18th Extraordinary Meeting of 7th Directorate of investor and is subject to the shareholders’ approval.