GCH Technology Co., Ltd. announced that it has received CNY 97.959918 million in funding from Fullgoal Fund Management Co., Ltd., Shenzhen Niufusi Investment Co., Ltd., Guoxin Securities Co.,Ltd., CSC Financial Co., Ltd., Caitong Fund Management Co., Ltd., AEGON-Industrial Fund Management Co. Ltd.

On June 30, 2023, GCH Technology Co., Ltd. closed the transaction. The company issued 1,994,298 shares at an issue price of CNY 49.12 per share for the gross proceeds of CNY 97,959,917.76. The transaction included participation from new investors Fullgoal Fund Management Co., Ltd. for 822,476 shares for CNY 40,400,021.12, Shenzhen Niufusi Investment Management Co., Ltd. for 346,091 shares for CNY 16,999,989.92, Guoxin Securities Co.,Ltd. for 174,267 shares for CNY 8,559,995.04, Zhongjing (Jingmen) Industrial Investment Co., Ltd. for 162,866 shares for CNY 7,999,977.92, CSC Financial Co., Ltd. for 162,866 shares for CNY 7,999,977.92, Caitong Fund Management Co., Ltd. for 162,866 shares for CNY 7,999,977.92 and AEGON-Industrial Fund Management Co.

Ltd. for 162,866 shares for CNY 7,999,977.92. The company has disclosed the issue expenses of CNY 5,929,959.99? in the transaction.