Sichuan Tinci Materials Technology Co., Ltd. announced that it will receive CNY 100 million in a round of funding on February 22, 2023. The transaction will include participation from Guangzhou Tinci Materials Technology Co., Ltd. The transaction has been approved in the 46th meeting of the company?s 5th directorate and the 38th meeting of the 5th supervisory board. The registered capital of the company will increase from CNY 100 million to CNY 200 million.