Huizhou Champion Digital Technology Co Ltd. announced that it will raise CNY 73 million in an equity round of funding on December 21, 2022. The transaction included participation from returning investor Guangdong Champion Asia Electronics Co.,Ltd. The transaction was approved by board of directors in its thirteenth meeting of the third session of the board of directors. After the completion of this capital increase, the registered capital of company will increase from CNY 50 million to CNY 123 million.

After the completion of the transaction the investor still hold 100% in the company.