Hundsun Intercontinental Holdings (HK) Limited announced that it will receive CNY 750,000,000 in an equity round of funding on January 19, 2017. The transaction will include participation from existing investor, Hundsun Technologies Inc. (SHSE:600570). Post transaction, the investor will retain 100% stake in the company. The transaction was approved at the 10th session of the 6th directorate meeting of Hundsun Technologies Inc. (SHSE:600570) and is further subject to approval from shareholders at its 2017 1st extraordinary general meeting to be held on February 10, 2017.