Shenzhen Paracraft Technology Co., Ltd. announced that it will receive CNY 3,000,000 in an equity round of funding on August 30, 2022. The transaction included participation from Anhui Tatfook Technology Co., Ltd for 2.91% stake. Of the amount raised CNY 51,900 will be used to increase the registered capital of the company, and the remaining CNY 2,948,100 will be included in the capital reserve.

The transaction has been approved by the second meeting of the fifth session of the board of directors of the company.