Jiangsu Tongguang Qiangneng Transmission Line Technology Co., Ltd. announced that it will receive CNY 110,000,000 in funding on January 24, 2013. The transaction will include sole participation from returning investor, Jiangsu Tongguang Electronic Wire & Cable Corp., Ltd.

On the same date, the company also announced that it has obtained approval from its first shareholders' meeting for 2013 and first extraordinary general meeting of 2013.