Hunan Cofoe Medical Equipment Co., Ltd. announced that it will receive CNY 166,887,200 in an equity round of funding on November 8, 2023. The transaction will include participation from returning investor Cofoe Medical Technology Co.,Ltd. to retain the majority stake in the company. This has been approved in the fifth meeting of the second board of directors and the fifth meeting of the second board of supervisors.

The registered capital of the company will increase from CNY 120,000,000 to CNY 286,887,200.