GF Qianhe Investment Co., Ltd. announced a private placement to receive CNY 3,000,000,000 in an equity round of funding on August 27, 2021. The transaction will include participation from returning investor, GF Securities Co., Ltd. The capital will be increased in one time or in tranches according to the actual situation. The pre-registered capital of the company is CNY 4,103,500,000. The transaction has been approved at the 16th meeting of the 10th board of directors.