Ka Shing Worldwide Group Limited announced that it will raise CNY 350,150,700 in an equity round of funding on March 14, 2023. The transaction will include participation from returning investor, Guangzhou Jiacheng International Logistics Co.,Ltd. In the first phase the company will receive CNY 180,617,869. The transaction has been approved by the board of directors of the company at its first session of the company's 5th supervisory board.