Guangzhou Shiyuan Ruichuang Electronic Technology Co., Ltd. announced that it will receive CNY 740,000,000 in an equity round of funding through capital increase from retuning investor Guangzhou Shiyuan Electronic Technology Company Limited to retain 100% stake on July 25, 2022. After the capital increase is completed, the registered capital of the company will be CNY 754,888,900. The transaction has been approved at 19th meeting of the 4th board of directors and the 18th meeting of the 4th board of supervisors and does not need to be submitted to the general meeting of shareholders for deliberation.