Zhongshan Jinma Cultural Tourism Technology Co., Ltd. announced that it will receive CNY 92,000,000 in an equity round of funding on April 26 2023. The transaction will include participation from returning investor Guangdong Jinma Entertainment Corporation Limited for CNY 92,000,000. The transaction has been approved by the board of directors of Guangdong Jinma Entertainment Corporation Limited at its 20th Meeting of the Company’s 3rd Directorate and the 20th Meeting of the 3rd Supervisory Board held, and does not need the Shareholders’ Approval.

Post to the closing Guangdong Jinma Entertainment Corporation Limited will increase its stake from 77.87% to 83.48% stake.