Cvc Testing Technology Co., Ltd. announced that it has received CNY 210,000,000 in an equity round of funding on January 2, 2024. The transaction included participation from returning investor China National Electric Apparatus Research Institute Co., Ltd. to retain the majority stake in the company. The registered capital of the company is CNY 100,000,000.

This has been approved in the 3rd meeting of the 2nd Directorate and the 3rd meeting of the 2nd supervisory board of the investor's company. The company will allot CNY 22,337,200 for Original investment projects, and CNY 187,662,800 for new investment projects.