Suining Mingxing Electric Engineering Co., Ltd. announced that it will raise CNY 30 million in an equity round of funding from returning investor, Sichuan Mingxing Electric Power Co., Ltd. (SHSE:600101) to retain its 100% stake in the company on November 19, 2019. The transaction was approved at the 4th meeting of the 10th supervisory committee session of the investor. The transaction has also been approved at the 5th meeting of the 11th board of directors of the investor.