Henan Junchen Real Estate Co., Ltd. announced that it will receive CNY 500,000,000 in its equity round of funding from returning investor Henan Zhongyuan Expressway Company Limited on November 8, 2021. The investor will retain its 100% stake in the company. The transaction has been approved by the fifth meeting of the seventh board of directors of the investor.

Upon closing, the registered capital of the company will increase from CNY 1,000,000,000 to CNY 1,500,000,000.