Beijing Baiyang Intelligent Technology Co., Ltd. announced that it will receive CNY 5 million in funding from new investor Beijing Zhongkehaixun Digital S&T Co., Ltd. on March 18, 2024. As part of the transaction, the company will acquire 1.4494% stake in the transaction for the registered capital of CNY13,669. The transaction has been approved by the board of directors of investor at its 21st session of the company?s 3rd directorate.