Guangzhou Feishu Industrial Software announced a private placement that it will receive CNY35,000,000 by investor, Guangzhou Risong Intelligent Technology Holding Co., Ltd. on September 27, 2022.

On April 18, 2022, the Company announced that the Completion of the Change of Business Registration of the Capital Increase of Wholly-Owned Subsidiary has been approved by the 18th Meeting of the 2nd Directorate and the 17th Meeting of the 2nd Supervisory Board.