Shanghai Airongda Fitness Technology Co., Ltd. announced that it will receive CNY 100,000,000 in equity funding from Shanghai Rongtai Health Technology Corporation Limited. (SHSE:603579) on January 23, 2017. As a part of the transaction, CNY 26,000,000 will be added to registered capital and the remaining to capital reserve. The transaction was approved by board of directors of the investor at its 5th session of the 2nd directorate meeting. On February 8, 2017, the transaction was approved at the 1st special Shareholders' Meeting of 2017 of the investor.