Guangdong Weimar New Material Technology Co., Ltd. announced that it will receive CNY 56.65 million in a round of funding from returning investor, Guangdong Dcenti Auto-Parts Stock Limited Company on July 23, 2021. The investor will retain its 55% stake in the company. The company's registered capital will increase from RMB 180 million to RMB 283 million including an equipment financing.

The transaction has been approved by third meeting of the third board of directors of the investor.