Nanjing Nanzi Information Technology Co., Ltd. announced that it will receive CNY 70,000,000 in a round of funding on November 24, 2022. The company will issue common shares in the transaction. Post the closing of the transaction, the registered capital of the company will be CNY 230,000,000 and the investor will continue to hold 100% stake in the company.

The transaction was approved in investor's sixth extraordinary board meeting in 2022.