Shanxi Zhangze Power Engineering Co., Ltd. announced that it will receive CNY 50,000,000 in its equity round of funding from existing investor, Shanxi Zhangze Electric Power Co., Ltd. on January 25, 2014. The investor will continue to hold 100% stake in the company upon closing. The transaction has been approved at 7th session of its 7th directorate of the investor.

The company reported total assets of CNY 165,899,500, net assets of CNY 85,593,800, revenues of 376,510,600, and net profit of CNY 4,705,200 for the year ending December 31, 2013.