Strong Financial Leasing Co., Ltd. announced that it will receive CNY 277,079,100 in an equity round of funding from new investor CNHTC Jinan Truck Co., Ltd. (SZSE:000951) on November 16, 2020. Out of total proceeds, CNY 215,217,400 will use for registered capital and CNY 61,861,700 will use for capital reserve. Post to the closing, the registered capital of the company will increase from CNY 1,100,000,000 to CNY 1, 315,000,000, CNHTC Jinan Truck Co., Ltd. (SZSE:000951) will hold 16.3636% stake in the company.