Zhuhai Hengqing New Area Hengtou Holdings Co., Ltd. announced that it will receive CNY 60 million in a round of equity funding on January 24, 2014. The transaction will include participation from existing investors, Zhuhai Winbase International Chemical Tank Terminal Co., Ltd and Yangzhou Winbase International Chemical Tank Terminal Co., Ltd., which will invest CNY 54 million and CNY 6 million. The investor will retain 90% and 10% stake respectively after the transaction.

After the transaction the capital of the company will increase from XNY 10 million to CNY 70 million. The transaction was approved at 25th session of the 2nd directorate meeting of Zhuhai Winbase International Chemical Tank Terminal Co., Ltd. The company reported total assets of CNY 10,005,359.36, total liabilities of CNY 994.79, and net loss of CNY 56,881.27 for the year ended 2013.