Guizhou Redstar Electronic Material Co., Ltd. announced that it will raise CNY 81,500,000 in an equity round of funding on August 14, 2023. The transaction will include participation from new investor Guizhou Zhenhua E-chem Inc. The transaction has been approved by the 10th meeting of the 6th board of directors,9th meeting of the 6th board of supervisors of the company.