Ningbo Ningdian Shipping Co., Ltd. announced that it will receive CNY 54 million in equity round of funding on January 27, 2024. The transaction include the participation from returning investor Ningbo Energy Group Co., Ltd., retain 100% stake in the company. The company's registered capital is increase from CNY 140 million to CNY 194 million.

The transaction has been approved by the company?s 8th directorate during its 10th meeting and does not require approval by shareholders? meeting of the company.