Leibo Kairui Phosphorus Chemical Industry Co., Ltd. announced that it will receive CNY 850,000,000 in an equity round of funding on August 24, 2023. The transaction will include participation from returning investors Chengdu Wintrue Holding Co., Ltd. for CNY 433,500,000 and Yingcheng Shindoo Chemical Compound Fertilizer Co., Ltd. for CNY 416,500,000. Post the closing, the registered capital of the company will increase from CNY 430,000,000 to CNY 1,280,000,000.

The transaction has been approved by board of directors of Chengdu Wintrue Holding Co., Ltd. in its 15th meeting of the sixth board of directors and does not need to be submitted to its shareholders' meeting for approval.