Anmeike (Anhui) Automobile Electric Drive Co., Ltd. announced a private placement of CNY 384,857,000 on January 15, 2020. The transaction included participation from Anhui Zhongding Sealing Parts Co., Ltd. (SZSE:000887). The capital increase will go to registered capital of the company. The transaction has been approved at the 26th session of the investor's 7th directorate and the 22nd session of the investor's 7th supervisory board.