Hpray (Changzhou) Clean System Technology Co., Ltd. announced that it has raised hundreds of millions of yuan in a round of funding led by new investor Shanghai Gaoxin Private Equity Fund Management Co., Ltd. on February 8, 2024. The transaction also included participation from new investors ACM Research (Shanghai), Inc.,Summitview Capital,Shanghai Binfu Investment Management Co., Ltd.,Jiangsu Xinchao Innovation Investment Group Co., Ltd.,Quande Xueer Private Equity Fund Management (Qingdao) Co., Ltd.