Tangshan Sunfar Nano Material Co., Ltd. announced that it will receive a private placement of CNY 76,475,000 on September 13, 2021. The transaction will include participation from returning investor Tangshan Sunfar Silicon Industries Co., Ltd. to retain its 100% stake. On closing, the registered capital of the company will increase from CNY 200,525,000 to CNY 277,000,000. The transaction has been approved at the 11th session of the company’s 4th directorate.