Shiyou (Beijing) Technology Co., Ltd. announced that it will receive CNY 123 million in an equity round of funding on November 9, 2023. The transaction include participation from Beijing Quanshi World Online Network Information Co., Ltd for CNY 35 million , Shantou Wanshun New Material Group Co., Ltd for CNY 35 million, Dinosaur Park Cultural Tourism Group Co., Ltd. for CNY 6 million, Beijing Ruiheng Development and Trading Co., Ltd. for CNY 12 million, and Guangdong Huachen Meimei Zongyue Venture Capital Partnership (Limited Partnership) for CNY 35 million. The company entered into purchase agreement.

The transaction was approved by board of director in its sixth board of directors of Shantou Wanshun New Material Group Co., Ltd.