Shenyang Aircraft Design Institute Yangzhou Collaborative Innovation Research Institute Co., Ltd announced that it will receive CNY 160,000,000 in an equity round of funding from new investor AVIC Shenyang Aircraft Company Limited on January 14, 2023. The transaction was approved by the board of directors of the company the 22nd meeting of the 9th board of directors of the company. Post to the closing, the investor will acquire 34.12% stake in the company.