Gansu Defu New Materials Co., Ltd announced that it received CNY 102,000,000 in funding on June 30, 2020. The transaction will include participation from Baiyin Nonferrous Group Co., Ltd. (SHSE:601212). The registered capital of the company will increase from CNY 200,000,000 TO CNY 500,000,000. The transaction has been approved by the board of directors of Baiyin Nonferrous Group Co., Ltd. (SHSE:601212) at the 12th session of the 4th directorate meeting.