Liaoning Provincial Transportation Planning and Design Institute Co., Ltd. announced that it will receive CNY 39,677,014 in an equity round of funding on January 7, 2019. The transaction will involve participation from new investors, China Railway 19th Bureau Group Co., Ltd. for 20% stake, Henan Provincial Communications Planning & Design Institute Co., Ltd. (SZSE:300732) for CNY 2,874,357 for 5% stake, Ningbo Meishan Free Trade Port Area Xianrong Enterprise Management Partnership Enterprise, Ningbo Meishan Free Trade Port Area Ruichi Enterprise Management Partnership Enterprise, Ningbo Meishan Free Trade Port Area Mitong Enterprise Management Partnership Enterprise, and Ningbo Meishan Free Trade Port Area Tainong Enterprise Management Partnership Enterprise for a combined stake of 5% in the company. The company has entered into an agreement with Henan Provincial Communications Planning & Design Institute Co., Ltd. (SZSE:300732). The registered capital of the company will increase from CNY 40,241,000 to CNY 57,487,144 and the balance amount will go towards the reserve capital of the company. Post the transaction, the company’s board of directors shall be composed of five directors and Henan Provincial Communications Planning & Design Institute Co., Ltd. (SZSE:300732) may appoint one director. The investment from Henan Provincial Communications Planning & Design Institute Co., Ltd. (SZSE:300732) is within the approval authority of its board of directors and does not require shareholders’ approval.