Shenzhen Zhaoheng Fushun Special Steel Co., Ltd. announced that it will raise CNY 35 million in a round of funding on January 12, 2024. The transaction included participation from new investors, Shenzhen Zhaoheng Special Steel Co., Ltd. for CNY 26.25 million and Fushun Special Steel Co., Ltd. for CNY 8.75 million. The transaction has been approved in the 10th meeting of the 8th board of directors and the 8th meeting of the 8th board of supervisors.