Shenzhen Si'aotuo Technology Co., Ltd. announced that it has received funding on April 3, 2024. The transaction included participation from new investors Beijing Chengmei Jiadao Investment Management Co., Ltd., Guangzhou Industrial Investment Holdings Group, Liuzhou Minsheng Modern Manufacturing Investment Fund (Limited Partnership), CRRC Corporation Limited (SHSE:601766), Guoding Capital, Sinochem Holdings Corporation Ltd. and other state-owned enterprise funds and industrial capital.