Nanjing Titanium Dioxide Chemical Co., Ltd announced that it will receive an equity round of funding on April 24, 2022. The transaction will include participation from returning investor Gpro Titanium Industry Co., Ltd. and will retain its 100% stake in the company. Pursuant to the transaction, the registered capital of the company will increase from CNY 79.76 million to CNY 108 million The transaction has been approved by investor in its twenty-ninth meeting of the seventh board of directors.