Jinggong Industrial Building System Co., Ltd. announced that it will raise CNY 142,656,400 in an equity round of funding on December 25, 2023. The transaction will include participation from new investor Hong Kong Jinggong Steel Structure Co., Ltd. and returning investor Changjiang & Jinggong Steel Building (Group) Co., Ltd. The transaction has been approved by the 13th Extraordinary Meeting of 2023 of the Company?s 8th Directorate. After the transaction, Jinggong Industrial Building System Co., Ltd.'s registered capital will increase from CNY 713,282,000 to CNY 855,938,400.