You seem to know your stuff, what does it mean when he says the parent company has funded it through equity?
The Yunyi Guokai (Shanghai) Sports Development Limited owns the club. It is in turn owned by
Yunyiye - 59% Owned by Guochuan Lai who provided the underlying equity to Yunyiye through a trust.
Yunjin - 23% - An investment fund which has sold shares in Yunyi it is private equity vehicle which would offer shares to wealthy investors or other investment funds.
Yuntai - 18% - Palm which was Guochuan Lai's company before he sold the bulk of his shareholding
The investors have bought shares and the funds (equity) has been used to purchase the club. Neither the club nor Yunyi Guokai have any debt and have not borrowed funds to complete the purchase. Some of the investors may have borrowed funds to buy their shares but critically the servicing of that debt is the investors responsibility not the company's nor critically the club's
The composition of the 23% is unknown, it could be one or two wealthy individuals, government backed investment funds or a myriad of smaller investors. Your guess is as good as mine.
In practical terms what does this mean for the club?
Firstly we are not paying interest just to fund the takeover which is a big plus when you consider the at the extreme Man United are paying £35m in interest a year largely for the privilege of having the Glazers as their owners.
Secondly there is still scope for the club to carry some debt for long term development projects e.g Stadium Redevelopment
It should be noted that the corporate structure does probably limits the ability for Lai to treat the club as a personal fiefdom there is a significant minority interest which will demand a say in how the club is run, it is not a question of the owner writing cheques.
However this is a business and there will be a profit to be made. Whether that is directly through the club's activities future sale or a spin off urban development project or through the Chinese Government's willingness to subidise the development of football remains to be seen