Shenzhen Dianyang Technology Co., Ltd. announced that it will receive CNY 8,888,900 in its equity round of funding from new investor ValueHD Corporation on April 22, 2024. Post completion of the transaction, the registered capital of the company will increase from CNY 5,555,600 to CNY 6,756,800. Of the total amount CNY 1,201,200 for 17.78% stakes shall be included in the registered capital, while the remaining CNY 7,687,700 shall be included in the capital reserve.

The transaction has been approved by the board of directors of the investor at its 9th meeting of the 3rd board of directors and the 9th meeting of the 3rd board of supervisors.