Guangzhou Automobile Group Component Co., Ltd. announced that it will receive CNY 200 million an equity round of funding on January 29, 2015. The transaction will involve participation from existing investors Guangzhou Automobile Group Co., Ltd. and Junfeng Development Co., Ltd. corresponding to their shareholding ratio. On the same date, the transaction was approved at the 53rd session of the 3rd directorate meeting of Guangzhou Automobile Group Co., Ltd.