Shanghai Zhenxi Enterprise Management Consulting Partnership Enterprise announced that it will raise CNY 128 million in a round of funding on February 2, 2023. The transaction will include participation from returning investor, Cloud Live Technology Group Co., Ltd., investing CNY 50,000,000 in cash, and its holdings will decrease from 100% to 56.18%, Hainan Lingyi Investment Partnership Enterprise investing CNY 38,000,000 in cash for a stake of 21.35% in the company. The transaction has been approved in in the 2nd meeting of 2023 of the company?s 5th directorate