Shaoxing Yuexin Environmental Protection Technology Co., Ltd. announced that it will receive CNY 95,000,000 in an equity round of funding on February 8, 2021. The transaction will include participation from Zhejiang Tuna Environmental Science & TechnologyCo.,Ltd. (SHSE:603177), which will retain its 100% stake in the company. The transaction has been approved by the board of directors in its 24th meeting of the third board of directors of investor and does not need shareholders approval. The registered capital of the company will increase from CNY 5,000,000 to CNY 100,000,000.