Guangdong Oxiranchem Co., Ltd. announced that it will receive CNY 40 million in a round of funding from existing investor, Liaoning Oxiranchem, Inc. on January 11, 2014. The company will issue equity securities in the transaction. The investor will continue to hold 100% stake in the company.

The registered capital of the company will increase from CNY 80 million to CNY 120 million upon completion of the transaction. On the same date, the transaction was approved at 3rd session of the 3rd directorate of the investor.