Shenzhen Zhongkechuang Commercial Factoring Co., Ltd. announced that it will receive CNY 900,000,000 in an equity round of funding from returning investor Suzhou Hesheng Special Material Co.,Ltd. (SZSE:002290) on January 20, 2017. The company’s registered capital will increase from CNY 100,000,000 to CNY 1,000,000,000. The company will complete the transaction in phases. Pursuant to the transaction, the investor shall continue to hold 100% stake in the company. The transaction has been approved at 4th directorate’s 12th meeting of the investor and need its shareholders’ approval.