Fuyang Changyang Auto Parts Co., Ltd announced that it has received CNY 10,000,000 in an equity round of funding from returning investor Changqing Machinery Company Limited (SHSE:603768) on June 24, 2019. On closing, the investor retains its 100% stake in the company. Post-closing, the registered capital of the company will increase from CNY 30,000,000 to CNY 40,000,000. The transaction was approved by the board of directors of the investor. The transaction does not need approval from the shareholders.