Zhejiang Jiahua New Materials Co., Ltd. announced that it will receive CNY 100,000,000 in an equity round of funding on January 9, 2018. The transaction will include participation from returning investors, Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. (SHSE:600273) for CNY 99,051,909, Wang Weiqiang for CNY 625,462, Gu Quanrong for CNY 201,581, and Zhao Linjie for CNY 121,048. The registered capital of company will increase from CNY 148,000,000 to CNY 248,000,000. Post the closing; the investors will hold 98.5935%, 0.7742%, 0.2016%, and 0.1210% stake respectively and CNY 244,511,903, CNY 1,920,000, CNY 499,968, and CNY 300,080 of the registered capital respectively. The transaction has been approved at the 4th meeting of the 8th directorate and the 3rd meeting of the 8th supervisor's reunion of the Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. (SHSE:600273).