Shaanxi Tianxingjian Internet of Vehicle Information Technology Co., Ltd. announced that it will raise CNY 90 million in an equity funding on October 13, 2023. The transaction will include participation from returning investor, Deewin Tianxia Co., Ltd. The transaction has been approved by the board of directors of the company. Upon completion of the capital increase, the registered capital of the capital will be increased from CNY 10 million to CNY 100 million.