Fortior Technology (Shanghai) Co., Ltd. announced that it will raise CNY 20,000,000 in an equity round of funding on March 21, 2024. The transaction will include participation from new investor Fortior Technology (Shenzhen) Co., Ltd. The transaction has been approved by the 8th session of the company?s 2nd directorate and the 6th session of the company?s 2nd supervisory board. After the transaction, Fortior Technology (Shanghai) Co., Ltd.'s registered capital will increase from CNY 20,000,000 to CNY 40,000,000.