Zhanjiang China Paper Co., Ltd. announced that it will receive CNY 527 million in an equity round of funding on January 30, 2024. The transaction will include participation from returning investor, Guangdong Guanhao High-Tech Co., Ltd. The transaction has been approved at the 27th session of the Guangdong Guanhao High-Tech Co., Ltd.'s eight directorate. The registered capital of the company will increase from CNY 10 million to CNY 537 million.