Heilongjiang Longjian Road & Bridge No. 4 Engineering Co., Ltd. announced that it will receive CNY 800,000,000 in an equity round of funding on January 6, 2017. The transaction will include participation from existing investor, Longjian Road&Bridge Co.,Ltd (SHSE:600853). On closing, the investor will continue to retain its 100% stake in the company. The registered capital of the company will increase from CNY 200,500,000 to CNY 1,000,500,000. The subscription period is 30 years. The transaction was approved at the 32nd meeting of the 8th directorate of the investor and is further subject to approval from its shareholders. The company reported total assets of CNY 989,025,100, total liabilities of CNY 790,848,700, net assets of CNY 198,176,500, revenues of CNY 1,190,187,200, and net profit of CNY 4,957,900 for the year ended December 31, 2015.