Anhui Yufeng Intelligent Technology Co., Ltd. announced that it has received CNY 100 million in a equity round of funding on April 8, 2024. The transaction will include participation from new investor Anhui Heli Co.,Ltd. for CNY 100 million, and will receive 71.4712% stake in the company. Post-completion of the transaction, Anhui Heli Co.,Ltd. will acquire majority stake, and become the controlling shareholder of the company.

This has been approved in the 34th meeting of the 10th Board of Directors of the Anhui Heli Co.,Ltd.'s company. The registered capital of the company is CNY 50 million. The company will receive cash in the transaction.