China Coal Science&Technology Financial Leasing Co., Ltd. announced that it will receive CNY 203.125 million in an equity round of funding on December 31, 2019. The transaction will include participation from China Coal Technology & Engineering Group Corp and returning investors Tiandi Science & Technology Co.Ltd (SHSE:600582) for CNY 100 million, Humanwell Healthcare (Group) Co.,Ltd. (SHSE:600079), Tianjin Dongjiang Investment Holding Co., Ltd. and Sichuan Dengyue Forest Planting Development Co., Ltd. Pursuant the transaction, China Coal Technology & Engineering Group Corp will hold 4.14% stake, Humanwell Healthcare (Group) Co.,Ltd. (SHSE:600079) will hold 40.32% stake, Tianjin Dongjiang Investment Holding Co., Ltd. will hold 8.27% stake, Sichuan Dengyue Forest Planting Development Co., Ltd. will hold 5.91% stake in the company and the stake held by Tiandi Science & Technology Co.Ltd (SHSE:600582) will increase from 40.82% to 41.36%. The transaction has been approved in the 12th meeting of the 6th directorate of Tiandi Science & Technology Co.Ltd (SHSE:600582).

Post the transaction the registered capital of the company will increase from CNY 980 million to CNY 1183.125 million. The transaction is subject to the approval of the banking regulatory agency of the State Council or its dispatched agency.