Foryou Industries Co., Ltd announced that it will receive CNY 472,400,000 in an equity round of funding on August 17, 2023. The transaction will include participation from returning investor, Foryou Corporation. The transaction has been approved by the the 8th session of Foryou Corporation's 4th directorate.

After the transaction, Foryou Corporation will hold 87.120% stake in the company.